Linked by Thom Holwerda on Mon 13th Aug 2007 16:17 UTC, submitted by dylansmrjones
SCO, Caldera, Unixware SCO has published a statement after the court ruling in their case against Novell: "The company is obviously disappointed with the ruling issued last Friday. However, the court clearly determined that SCO owns the copyrights to the technology developed or derived by SCO after Novell transferred the assets to SCO in 1995." And at the end: "Although the district judge ruled in Novell's favor on important issues, the case has not yet been fully vetted by the legal system and we will continue to explore our options with respect to how we move forward from here."
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Their Stock Trading Today...
by Ranger on Tue 14th Aug 2007 02:33 UTC
Ranger
Member since:
2006-05-03

SCO's stock trading for today tells what investors are fearing. It appears that they've read the ruling, decided to run & their dumping the stock.

SCO started at today's open at $1.56 per share. It ended at $.44 per share at the close of the day. After-hours trading has the stock up to $.45.

That translates to a 71% loss in a single day. An incredibly poor showing when just over 6 million shares were traded considering that the stock was at a high of $102.00 in March of 2000.

Check out SCO's Stock Ticker (SCOX) to see the stats.

I'm thinking SCO will declare bankruptcy quite soon.

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