Linked by Thom Holwerda on Sat 29th Dec 2007 21:54 UTC
SCO, Caldera, Unixware The Nasdaq market has delisted The SCO Group, the Linux-seller-turned-Linux-litigant now in Chapter 11 bankruptcy protection. The company's shares were taken off the Nasdaq because of the bankruptcy proceedings, the company said Thursday in a statement. The company had appealed Nasdaq's decision to do so but lost its appeal on December 21, the company said in a regulatory filing with the Securities and Exchange Commission.
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RE[2]: SCOX
by walterbyrd on Sun 30th Dec 2007 13:29 UTC in reply to "RE: SCOX"
walterbyrd
Member since:
2005-12-31

Scog has never been profitable. Not one day in their entire existence. Even when msft gave scog all those millions, not was really profitable because all that money belonged to Novell.

Their may have money to make in proprietary UNIX. But scog was never the company to make that money.

Reply Parent Score: 2

RE[3]: SCOX
by kaiwai on Sun 30th Dec 2007 15:04 in reply to "RE[2]: SCOX"
kaiwai Member since:
2005-07-06

Scog has never been profitable. Not one day in their entire existence. Even when msft gave scog all those millions, not was really profitable because all that money belonged to Novell.

Their may have money to make in proprietary UNIX. But scog was never the company to make that money.


I am talking about way back when SCO was Santa Cruz Operations; everything went down hill the moment they failed to step up and provide a competitive product to Windows 2000 - as mentioned in the previous post. The buy out by Caldera was their lifeline. That lifeline, itself, needed a lifeline.

Their lifeline started to question the logic of continuing to pump money into the Caldera given its years of losses - and no light at the end of the tunnel. Red Hat slipped into profitability, Caldera continued to lose money. A new CEO takes over and so the litigation games begin.

Like I said, the issues regarding SCO were before Caldera's purchase.

Reply Parent Score: 2