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The SCOundrels are going down. Down for the count!

PostPosted: Fri Apr 16, 2004 6:22 pm
by Void Main
Heh heh, Baystar wants it's money back, which if successful would just about bankrupt SCO:
http://www.groklaw.net/article.php?stor ... 6151214305

Their 1 year stock target estimate has dropped from $25 to $5:
http://finance.yahoo.com/q?s=scox

It won't be long now. :)

PostPosted: Sat Apr 17, 2004 2:43 pm
by Basher52
I really wish this could be true, but since im a passive...no...thats not the word(english aint my native language as u may see)...oohh pessimistic i mean...
since im pessimistic i really cant believe that this might happen :(
they will find a way out of this :(

sorry to let u down :cry: :cry:

PostPosted: Sat Apr 17, 2004 5:38 pm
by Void Main
I don't know, their biggest investor wanting their money back sends a pretty strong signal to any other "would be" investors. Even if they can't get their money back (which I doubt they will) SCO can only live so long without investments. They don't really have any product left to sell (who would buy SCO when they sue their customers?). I have no doubt they will die, just how long it will take will be the question. This certainly speeds things up.

PostPosted: Sun Apr 18, 2004 9:10 am
by dishawjp
This announcement may finally drive the final stake through McBride's black heart. Check out this chart of their stock values over the last 6 months:

http://quotes.ino.com/chart/?s=NASDAQ_SCOX&v=d6

Then compare it to Red Hat's for the last year:

http://quotes.ino.com/chart/?s=NASDAQ_RHAT&v=d12

Looks like investors can see what's going to be going on :)

Jim Dishaw

PostPosted: Wed Apr 21, 2004 9:54 am
by Void Main
Slippin' slidin' away... down to $6.52 and dropping...

PostPosted: Mon May 17, 2004 2:25 pm
by Void Main
A new 52 week low just a few minutes ago:

http://finance.yahoo.com/q/bc?s=SCOX&t=1d

See ya SCO!

PostPosted: Tue May 18, 2004 2:30 pm
by Basher52
this is good news :D