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SCO Receives Nasdaq's Delisting Notice

timothy posted more than 6 years ago | from the well-there's-always-licensing-the-name dept.

Caldera 208

An anonymous reader writes "This somewhat amusing press release of sorts tells us one of those things we've all been waiting a while for. SCO(X) has announced that 'it received a Nasdaq Staff Determination letter on December 21, 2007 indicating that as a result of having filed for protection under Chapter 11 of the U.S. Bankruptcy Code, the Nasdaq Listing Qualifications Panel has determined to delist the company's securities from the Nasdaq Stock Market and will suspend trading of the securities effective at the open of business on Thursday, December 27, 2007.' PJ at Groklaw has surmised that with effectively zero cash resources left, Novell doesn't stand to get much more than SCO's furniture, if even that. Ding dong, is the wicked witch finally dead yet?"

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208 comments

If there was any proof.... (4, Interesting)

Chrisq (894406) | more than 6 years ago | (#21829620)

Novell doesn't stand to get much more than SCO's furniture,

If there was any proof that this was by design (which it probably was) could the directors be held liable in the US?

Re:If there was any proof.... (4, Funny)

Linker3000 (626634) | more than 6 years ago | (#21829724)

Maybe they could sell the chairs to Steve Ballmer?

Re:If there was any proof.... (5, Funny)

Anomolous Cowturd (190524) | more than 6 years ago | (#21830020)

You could probably sell the same chair back to Ballmer several times :)

Re:If there was any proof.... (0)

Anonymous Coward | more than 6 years ago | (#21830086)

It's only fair; he's been selling the same product to you repeatedly, called "Office", with occasional changes of veneer.
MS Office is really the AC/DC of software.

Re:If there was any proof.... (5, Funny)

ArsonSmith (13997) | more than 6 years ago | (#21830958)

1. Sell chair to Ballmer
2. Duck
3. Sell chair back to Ballmer
4. Duck
5. goto 3
6. profit

How do I get to 6 again?

Re:If there was any proof.... (2, Interesting)

Kjella (173770) | more than 6 years ago | (#21829872)

In theory - yes.
In practise - I'll believe it when I see it. As long as the directors can drag up some crackpots to claim they acted in good faith based on their analysis or advice, they usually walk away with no problems at all. The level of deception and fraud you have to prove in order to make anyone personally responsible is very high, Gross incompetence is unfortunately not enough.

Re:If there was any proof.... (2, Interesting)

fataugie (89032) | more than 6 years ago | (#21830106)

And honestly, don't most corporations carry insurance for their upper management to cover this sort of thing (personal lawsuits)? Unless they have something really damning, the worst that would happen is the insurance would pay off.

These guys aren't in the Enron/Global Crossing/Tyco realm....they're just fucking idiots.

Re:If there was any proof.... (4, Insightful)

Eggplant62 (120514) | more than 6 years ago | (#21830320)

Yahbut, if you look closely at the entire history of the case, you'll find that there was intent to deceive from the get-go. Darl and his minions all thought up this neato scheme to defraud everyone by claiming their IP was in Linux in hopes that someone would pay them off to shut them up. Unfortunately, IBM fought them tooth and nail through purposefully-prolonged discovery shenanigans. Novell noticed the stink and put in their two cents, contracturally directing their proxy, The SCO Group to stand down from their threats. TSG decided instead to carry on the FUD at the behest of their master, the big software monopoly out in the Northwest, damn the torpedoes. Unfortunately for the masters, they didn't get enough fear, uncertainty and doubt out of the whole picture to ensure a big win with the new bloatware OS of the year to get anyone to buy it. Instead, we've got major PC manufacturers selling preloaded boxes carrying Linux picking up a nice segment of the market now.

Surely someone will be drawn and quartered in there for the lies and coverups necessary to try to make it all believable.

They have bright futures ahead (1)

cgenman (325138) | more than 6 years ago | (#21830634)

How do these people have anything other than bright futures ahead? The directors have all been high-profile people in the news for many, many years now. Daryl McBride probably has a slew of potential opportunities in front of him. He should have no problem getting tons of offer letters, considering how well known his name is and the unique experiences that he has had (like trying to sue every company in america).

I'm sure we'll see him as the CEO of Royal Crown soon, suing Coke and Pepsi for stealing his formula.

 

Re:If there was any proof.... (0)

Anonymous Coward | more than 6 years ago | (#21830238)

If there is any justice, the executives and the lawyers are held liable. Why include the lawyers? While it was a frivolous lawsuit brought by the company, the lawyers were the ones executing dirty tactics in the court while getting paid by the millions. They knew well what they were doing.

Mod parent up (5, Interesting)

R2.0 (532027) | more than 6 years ago | (#21830948)

"If there is any justice, the executives and the lawyers are held liable. Why include the lawyers? While it was a frivolous lawsuit brought by the company, the lawyers were the ones executing dirty tactics in the court while getting paid by the millions. They knew well what they were doing."

It's worse than that - part of their compensation was stock. That means that they were
a) part owners of the company, and
b) they had an inherent conflict of interest as officers of the court. They had a huge incentive to act unethically with the lawsuit - they didn't get paid unless SCOX stayed at a high value, which is substantially different from getting paid if they won the suit.

Re:If there was any proof.... (3, Informative)

toxic666 (529648) | more than 6 years ago | (#21830804)

Webster on Groklaw (a lawyer) says yes. Not criminal, but personal civil liability against the directors. There is already a finding by Kimball in Utah that the MS and Sun license money was converted (legal term) and should have gone to Novell. That opened them up to civil suits from Novell.

Obligatory Futurama Reference (3, Funny)

Apple Acolyte (517892) | more than 6 years ago | (#21829628)

"Once again the conservative sandwich-heavy portfolio pays of for the hungry investor!" - Dr. Zoidberg

I wonder if you could get a sandwich with SCO stock right now. . . .

Re:Obligatory Futurama Reference (1)

Tridus (79566) | more than 6 years ago | (#21829692)

Well, the paper the stock is printed on (if they still printed stocks) is worth more then the Zimbabwe dollar, so you could probably get a sandwich there if you had a few million shares.

Re:Obligatory Futurama Reference (1)

Zeinfeld (263942) | more than 6 years ago | (#21830340)

From the release: The SCO Group is a leading provider of UNIX software technology and mobile services.

Guess that means Microsoft can declare victory then.

Printed SCO stock certificates will probably be worth something in years to come as curiosity items, only problem is that very few paper certificates are likely to exist. Most stock is held in street names these days.

Novell will end up with slightly more than the furniture, they will obtain title to all SCO copyright material. At this point the safest thing to do is probably to put them in the public domain.

Re:Paraphrased Obligatory Futurama Reference (1)

techpawn (969834) | more than 6 years ago | (#21829810)

Hermes: Those boots cost me 99 dollars and 98 cents. You invest it how you want...
Hermes Son: I'm going to buy two shares of SCO!
Hermes: Oh! A risk taker!

Re:Obligatory Futurama Reference (1)

Dachannien (617929) | more than 6 years ago | (#21830914)

Leela: Zoidberg owned 51% of the company?
Hermes: The shares were worthless, and he kept asking for toilet paper!

New stock symbol (4, Interesting)

Just Some Guy (3352) | more than 6 years ago | (#21829660)

$0.18 to $0.12 [yahoo.com] in 45 minutes. Impressive!

Re:New stock symbol (4, Funny)

Ang31us (1132361) | more than 6 years ago | (#21829700)

Thanks for the link. I especially love the earnings per share at N/A and the price to earnings ratio at N/A. Great business model, Darl!

Re:New stock symbol (0)

Anonymous Coward | more than 6 years ago | (#21829742)

The ticker suffix "PK" means "Pink Sheets". SCO stock is like an off-off-off-OFF Broadway show now.

McBride Goeth Before a Fall. (2, Interesting)

h4rm0ny (722443) | more than 6 years ago | (#21829852)


So the company is dirt. What's happened to the litigious bastards responsible? Has Darl McBride got away with a fat severance package and a job at Microsoft, or did the directors of SCO go down with their ship in any meaningful way?

McBride et al giveth themselves bonuses! (0)

Anonymous Coward | more than 6 years ago | (#21830316)

Re:McBride et al giveth themselves bonuses! (1)

Jason Levine (196982) | more than 6 years ago | (#21830550)

That must have been for their brilliant strategy of getting the stock price to go from $1.85 (02/28/2003 - Just before SCO sued "Linux") to $19.41 (09/14/2003) to $0.13 just over 50 months later. It takes a real talent to destroy a company like that. Of course, that's the kind of talent I wouldn't want running my company, but what do I know? I'm not management. (*checks hair* - Nope, not pointy.)

Re:McBride Goeth Before a Fall. (4, Insightful)

badasscat (563442) | more than 6 years ago | (#21830994)

Has Darl McBride got away with a fat severance package and a job at Microsoft, or did the directors of SCO go down with their ship in any meaningful way?

Darl McBride continues to be with the company, as do most of the other important company directors.

As with every other piece of SCO news, people around here are overreacting to this. Being de-listed from the NASDAQ doesn't really mean a whole lot, because they weren't counting on using any investor money at this point anyway. They've put all their financial eggs in one basket, and that's the lawsuits. And those are continuing; SCO has even said they'll appeal the Novell ruling.

This doesn't mean SCO is "dead", not any more than they were yesterday or the day before anyway. Essentially all that's changed is that you won't be able to point and laugh at them on Yahoo Finance anymore.

It's maybe one more nail in the coffin, but they've been building that coffin for a while now, and it's still not finished yet.

Re:New stock symbol (3, Funny)

MMC Monster (602931) | more than 6 years ago | (#21830466)

There was a guy a while back who put in a bid for 1337 shares at 0.07 cents, or something like that. He may end up owning the entire company. :-)

Dropping due to (2, Insightful)

WillRobinson (159226) | more than 6 years ago | (#21829688)

Institutional investors don't keep stock that is desisted, so its just being dumped. Bet they wish they did that yesterday.

Now, to pierce that corporate veil...

Re:Dropping due to (1)

Chrisq (894406) | more than 6 years ago | (#21829832)

Of course we should remember that "they" could well include your pension fund.

Re:Dropping due to (1, Insightful)

jedidiah (1196) | more than 6 years ago | (#21829946)

...yet another good reason to trust no one else with "your" money.

If you don't understand it at all, don't delegate to someone who claims to.

Stocks are bad. Mutual funds are bad^2.

Keep in mind that some pension funds bought into those junk-bond style subprime mortgage investment products.

A little stupidity and a little greed you have the perfect sucker/mark. This is especially so if the mark happens to be in charge of a corporation, investment fund or pension fund.

Ding dong (2, Informative)

ozmanjusri (601766) | more than 6 years ago | (#21829706)

Is the wicked witch finally dead yet?

No, the wicked witch is still spreading FUD [theregister.co.uk] .

She's down one Winkie now though.

Re: Still spreading FUD. (3, Informative)

Baron_Yam (643147) | more than 6 years ago | (#21829734)

I think you need a more recent reference that 2004 to prove your point...

Re: Still spreading FUD. (0)

Anonymous Coward | more than 6 years ago | (#21829898)

Re: Still spreading FUD. (1)

Baron_Yam (643147) | more than 6 years ago | (#21830048)

Try harder. 2007/May/28 isn't all that recent either.

Besides, why should I Google when I'm not the one making a claim? I'm pointing out that the evidence provided so far is out of date.

Re: Still spreading FUD. (0)

Anonymous Coward | more than 6 years ago | (#21830218)

Besides, why should I Google when I'm not the one making a claim?

The claim was yours, that the info is outdated. It is not, as MS reiterated that position and holds to those claims, which makes your "2007 is not enough up to date" a laughable rethoric trick.

Another more general reason to google up things is not to pollute discussion forums with baseless speculation.
But of course, people that try to stay informed are unlikely to side with microsoft, so you have a point.

Re:Ding dong (1)

SirLurksAlot (1169039) | more than 6 years ago | (#21829752)

Your point would be more valid if you bothered to cite a more recent article, seeing as how this one was published "Thursday 18th November 2004."

Re:Ding dong (4, Funny)

Foobar of Borg (690622) | more than 6 years ago | (#21830122)

No, the wicked witch is still spreading FUD [theregister.co.uk].
He threatened to sue while in Singapore. Can't they cane him for that there (please)?

Re:Ding dong (1)

orclevegam (940336) | more than 6 years ago | (#21830296)

CUSTOMER: Here's one -- nine pence.
DEAD PERSON: I'm not dead!
MORTICIAN: What?
CUSTOMER: Nothing -- here's your nine pence.
DEAD PERSON: I'm not dead!
MORTICIAN: Here -- he says he's not dead!
CUSTOMER: Yes, he is.
DEAD PERSON: I'm not!
MORTICIAN: He isn't.
CUSTOMER: Well, he will be soon, he's very ill.
DEAD PERSON: I'm getting better!
CUSTOMER: No, you're not -- you'll be stone dead in a moment.
MORTICIAN: Oh, I can't take him like that -- it's against regulations.
DEAD PERSON: I don't want to go in the cart!
CUSTOMER: Oh, don't be such a baby.
MORTICIAN: I can't take him...
DEAD PERSON: I feel fine!
CUSTOMER: Oh, do us a favor...
MORTICIAN: I can't.
CUSTOMER: Well, can you hang around a couple of minutes? He won't be long.
MORTICIAN: Naaah, I got to go on to Robinson's -- they've lost nine today.
CUSTOMER: Well, when is your next round?
MORTICIAN: Thursday.
DEAD PERSON: I think I'll go for a walk.
CUSTOMER: You're not fooling anyone y'know. Look, isn't there something you can do?
DEAD PERSON: I feel happy... I feel happy.
[whop]
CUSTOMER: Ah, thanks very much.
MORTICIAN: Not at all. See you on Thursday.
CUSTOMER: Right.

Not dead according to them! (5, Funny)

Chrisq (894406) | more than 6 years ago | (#21830730)

From SCO site [sco.com] :

SCO intends to maintain business as usual throughout the Chapter 11 proceedings. Subject to court approval, SCO will use the cash flow from its operations to meet its capital needs throughout the reorganization process.

Other companies such as Delta Airlines, Texaco, Dow Corning, K-Mart, United Airlines, Toys R' Us, Macy's Department Stores and others have emerged from Chapter 11 protection after restructuring themselves for success. We intend to do the same.

What if... (1)

maroonhat (845773) | more than 6 years ago | (#21829708)

Maybe that guy who is getting to set up his own office can "provide services" to SCO and get the furniture, then Novell can't even have that.

Re:What if... (0, Offtopic)

sm62704 (957197) | more than 6 years ago | (#21830098)

I hate euphemisms. By "provide services" do you mean something like this? [slashdot.org]

I stopped by Farley's after work for a beer, and I'm sitting there at a table sipping, listening to the annoying beeping of the illegal gambling machines that are in every bar in town when a skinny, ugly, skanky looking bitch sits down at my table.

"Hi, I like to fuck and smoke crack. My husband's in prison, he likes dick even more than I do. Ya wanna smoke some crack and fuck? Hey buy me a beer!"

The uncyclopedia has this to say about crack- "Crack is something that is sold by both drug dealers and prostitutes. The only difference is that a prostitute can wash her crack and sell it again."
-mcgrew

Okay then (5, Funny)

L337Motif (1203898) | more than 6 years ago | (#21829732)

Novell doesn't stand to get much more than SCO's furniture

I'm fine with that. One of my friends in Redmond could use a few more chairs.

Miguel.

Re:Okay then (1)

sm62704 (957197) | more than 6 years ago | (#21830138)

One of my friends in Redmond could use a few more chairs.

You lucky stiff. I need low friends in high places, but all I have are high friends in low places.

-mcgrew

And so.. (5, Funny)

Cleon (471197) | more than 6 years ago | (#21829778)

Let us take a moment to remember SCO, and all that they did for us. For yea, they did take douchebaggery to new heights, and may their executives never again find work, and their lawyers develop sores. May their stockholders be infested with fleas in places they cannot scratch, and the offices that they occupied cursed for all time. As we prepare to bury this pitiful excuse for a company in the grave of history, may its death continue to be slow and painful.

And let us say:

Bwa ha ha. Ha ha. Ha ha.

Ha.

Re:And so.. (1)

canuck57 (662392) | more than 6 years ago | (#21830640)

Let us take a moment to remember SCO, and all that they did for us. For yea, they did take douchebaggery to new heights, and may their executives never again find work, and their lawyers develop sores. May their stockholders be infested with fleas in places they cannot scratch, and the offices that they occupied cursed for all time. As we prepare to bury this pitiful excuse for a company in the grave of history, may its death continue to be slow and painful.

Let us not forget the Microsoft connection. From early versions of Zenix, SCO UNIX etc. the boot copyrights and later Microsoft contributions.

While the SCO head is on a death kneel, the other head is still very much alive and up to something.

Why the 6-day delay? (2, Interesting)

davidwr (791652) | more than 6 years ago | (#21829780)

The letter is dated 12/21. Why did it take until 12/27 to make the newswires?

Either SCO got it but didn't release it, or SCO didn't get it in a timely manner.

This should have been released to the public at least 1 trading day before the effective date.

Re:Why the 6-day delay? (1)

peragrin (659227) | more than 6 years ago | (#21829846)

This is SCO we are talking about. they probably released the letter after close yesterday on purpose.

Re:Why the 6-day delay? (1)

daeg (828071) | more than 6 years ago | (#21830506)

It would be interesting to find out who unloaded their stock between the 21 and 26 of December.

Re:Why the 6-day delay? (1)

sm62704 (957197) | more than 6 years ago | (#21830548)

Why did it take until 12/27 to make the newswires?

Slashdot has the slowest firehose on the planet!

Great quotes from SCO's CEO (4, Informative)

Ang31us (1132361) | more than 6 years ago | (#21829794)

Some of my favorite quotes [wikiquote.org] from Darl McBride: "And C++ programming languages, we own those, have licensed them out multiple times, obviously. We have a lot of royalties coming to us from C++." "Obviously Linux owes its heritage to UNIX, but not its code. We would not, nor will not, make such a claim." "We didn't start this, but we're going to finish it."

SCO yard sale (2, Funny)

Billosaur (927319) | more than 6 years ago | (#21829816)

Chairs... conference tables... lights... cubicles... free copy of Unix with each purchase...

I think i speak for everyone when i say (1)

blhack (921171) | more than 6 years ago | (#21829862)

Dear Sco:

It was fun, but please DIAF (oops, too late).

Love,
The Community

P.S. F*CK YOU!

So why does everyone hate SCO? (0, Troll)

maillemaker (924053) | more than 6 years ago | (#21829906)

So I missed the big hate party. Why does everyone dislike SCO?

Re:So why does everyone hate SCO? (4, Informative)

greg1104 (461138) | more than 6 years ago | (#21830082)

SCO substantially slowed the use of Linux in corporations by suing IBM in 2003 and threating businesses with their own lawsuits if they used Linux. Their claims were on legally shaky ground and it was obvious to anyone who looked at the short "infringing" code samples that leaked out that their case was based on either gross incompetence or downright fraud. http://en.wikipedia.org/wiki/SCO_v._IBM [wikipedia.org] has a good summary of how that played out on the legal+technical side.

Re:So why does everyone hate SCO? (4, Informative)

orclevegam (940336) | more than 6 years ago | (#21830404)

In addition to what greg1104 said it should be noted that SCO already had prior history with patent/copyright trolling. Based on their previous history it was fairly obvious that they hoped the lawsuit they brought against IBM would be settled quickly out of court rather than having to actually defend their ludicrous claims earning them a quick cash infusion for little actual work. When IBM failed to roll over and instead bit back they got caught trying to prove the un-provable, but continued to insist all along that they were right while tossing out every excuse they could come up with to buy time. They probably would have been dead in the water long ago, but it seems that Microsoft and various parties (strongly suspected to be Microsoft shills) bought ridiculous numbers of bogus "licenses" from SCO to help shore up SCOs bank account. Of course after many long years of SCO screaming their fool head off that they own Linux (among many other stupid claims) they've finally been beaten into the smear on the concrete that we all knew they were to begin with. This is merely the final act where they get the hose out and wash them into the gutter.

Segway (1)

imstanny (722685) | more than 6 years ago | (#21829914)

Not the scooter...What do you think about Openwave? From this year's performance, they're following in SCO's footsteps...

The very best thing about this press release (4, Funny)

Gossi (731861) | more than 6 years ago | (#21829916)

...is SCO's blurb at the bottom. I quote: "SCO owns the core UNIX operating system, originally developed by AT&T/Bell Labs and is the exclusive licensor to UNIX-based system software providers". Uhm, SCO...

Re:The very best thing about this press release (1)

Kazymyr (190114) | more than 6 years ago | (#21830304)

Beh. Anyone can put anything on a web page. Just because mine says "I'm the Creator of the Universe, the Alpha and Omega" doesn't make me that. Or so they say.

Somewhat amusing (1)

conureman (748753) | more than 6 years ago | (#21829932)

" About SCO

The SCO Group is a leading provider of UNIX software technology and mobile services."
I think I like the Nelson Muntz quote best.

Furniture? (1)

kpainter (901021) | more than 6 years ago | (#21829954)

Novell doesn't stand to get much more than SCO's furniture
The fumigation costs alone would make that a bad deal for Novell. First, you would have to scrape all that slime off.

SCO's furniture (3, Funny)

oahazmatt (868057) | more than 6 years ago | (#21830012)

Novell doesn't stand to get much more than SCO's furniture...
Why do I have the feeling McBride's sofa is sewn together from the pelts of one thousand penguins?

Redundant karma whoring (5, Funny)

Ubi_NL (313657) | more than 6 years ago | (#21830018)

The funniest IRC quote ever (and happy to burn modpoints for it, as this will doubtlessly be flamed down):

From http://bash.org/?106579
Topic in #os: hey guyz, stop pickin on irix.
<SCO> w00t! i bought unix! im gonna b so rich!
<novell> /msg atnt haha. idiot.
<novell> whoops. was that out loud?
<atnt> rotfl
<ibm> lol
<SCO> why r u laffin at me?
<novell> dude, unix is so 10 years ago. linux is in now.
<SCO> wtf?
<SCO> hey guyz, i bought caldera, I have linux now.
<red_hat> haha, your linux sucks.
<novell> lol
<atnt> lol
<ibm> lol
<SCO> no wayz, i will sell more linux than u!
<ibm> your linux sucks, you should look at SuSE
<SuSE> Ja. Wir bilden gutes Linux f&#252;r IBM.
<SCO> can we do linux with you?
<SuSE> Ich bin nicht sicher...
<ibm> *cough*
<SuSE> Gut lassen Sie uns vereinigen.
* SuSE is now SuSE[UL]
* SCO is now caldera[UL]
<turbolinux> can we play?
<conectiva> we're bored... we'll go too.
<ibm> sure!
* turbolinux is now turbolinux[UL]
* conectiva is now conectiva[UL]
<ibm> redhat: you should join!
<SuSE[UL]> Ja! Wir sind vereinigtes Linux. Widerstand ist vergeblich.
<red_hat> haha. no.
<red_hat> lamers.
<ibm> what about you debian?
<debian> we'll discuss it and let you know in 5 years.
<caldera[UL]> no one wants my linux!
<turbolinux[UL]> i got owned.
<caldera[UL]> u all tricked me. linux is lame.
* caldera[UL] is now known as SCO
<SCO> i'm going back to unix.
<SGI> yeah! want to do unix with me?
<SCO> haha. no. lamer.
<novell> lol
<ibm> snap!
<SGI> :~(
<SCO> hey, u shut up. im gonna sue u ibm.
<ibm> wtf?
<SCO> yea, you stole all the good stuff from unix.
<red_hat> lol
<SuSE[UL]> heraus laut lachen
<ibm> lol
<SCO> shutup. i'm gonna email all your friends and tell them you suck.
<ibm> go ahead. baby.
<SCO> andandand... i revoke your unix! how do you like that?
<ibm> oh no, you didn't. AIX is forever.
<novell> actually, we still own unix, you can't do that.
<SCO> wtf? we bought it from u.
<novell> whoops. our bad.
<SCO> i own u. haha
<SCO> ibm: give me all your AIX now!
<ibm> whatever. lamer.
* ibm sets mode +b SCO!*@*
* SCO has been kicked from #os (own this.)

Re:Redundant karma whoring (1)

greeze (985712) | more than 6 years ago | (#21830670)

I've never seen this before. In addition to being hilarious, it's also the best history lesson I've ever received.

Normally I'd vote this kind of story down (1)

sm62704 (957197) | more than 6 years ago | (#21830026)

I mean, I don't care about financial matters or stocks or suh, I'm a nerd. Money, to me, is just a tool, an easy way to trade goods and services. The kind of person who eagerly seeks financial news and links to the WSJ and the like worships money. I think worshiping oes' tools is foolish.

But SCO is different. So YAY SLASHDOT! The only thing I'd like to see different is a) for McBride to go to prison for fraud and b) Sony to get delisted.

-mcgrew
Happy nude year! [slashdot.org]

But most important question NOW is: (0)

Anonymous Coward | more than 6 years ago | (#21830060)

Was Microsoft behind the curtain or McBride and his gang did it by themselves?
If not, let's celebrate the end of SCO.
If yes, doesn't the Novell-MS agreement stink a bit more now?

Re:But most important question NOW is: (1)

Kazymyr (190114) | more than 6 years ago | (#21830342)

You won't be surprised to find that the answer is 'yes' - on all counts.

Re:But most important question NOW is: (2, Insightful)

canuck57 (662392) | more than 6 years ago | (#21830806)

Was Microsoft behind the curtain or McBride and his gang did it by themselves?

Everyone knows MS was behind the curtain.

If not, let's celebrate the end of SCO.

Why would that make a difference? Lets rejoice in SCO dieing! Let MS run and sneak away, their time is coming. Maybe many years off, but a coming.

If yes, doesn't the Novell-MS agreement stink a bit more now?

Sinks/stinks in real good. Novell isn't going sue one of SCO's biggest backers they have a sourcing agreement with, MS. Real dumb move on Novell's part as they did need to develop/support SUSE and forget MS promises. The executive should be fired.

Is Darl in jail yet? (3, Insightful)

roystgnr (4015) | more than 6 years ago | (#21830158)

No? And he's still got all the money he made via his pump-and-dump, too?

Then the bad guys won. The fact that they managed to hurt stupid greedy investors more than honest innocent competitors does little to mitigate their victory.

Re:Is Darl in jail yet? (0)

Anonymous Coward | more than 6 years ago | (#21830532)

Aren't you glad our big government came to the rescue and made things right? Oh, wait...

The best move they could do now (2, Interesting)

SigmundFloyd (994648) | more than 6 years ago | (#21830232)

Now they have a way to redeem their memory forever: release SCO UNIX's full source code to the public domain.

Time for a new "them" (1)

ibm1130 (123012) | more than 6 years ago | (#21830298)

Having run out the string on SCO, whom, one wonders, will M$ choose as their next sock puppet.

Just a curiosity... (1)

Z00L00K (682162) | more than 6 years ago | (#21830352)

Is it possible that the complete control of SCO(X) can be transferred to Novell through a court decision?

(OK, Novell may not want it, but anyway)

And in that case - can the board of SCO(X) be held liable for anything? It seems to me that if anything - the board of SCO(X) has at least deceived the share holders.

The only good thing that may come out of this is that it serves as a wakeup-call for investors since they will be a bit more aware that the course taken was bad for business. If I was an investor I would be a bit more careful with businesses that triggers legal actions - especially if the case looks weak.

I'll liquidate it for them (4, Funny)

HangingChad (677530) | more than 6 years ago | (#21830364)

Novell doesn't stand to get much more than SCO's furniture,

I'll be happy to liquidate it for them. Imagine being able to sell SCO office furniture on eBay? Along with a certificate of authenticity. Heck, I'd bid on a piece myself. It's like owning a piece of the Titanic of tech history.

Re:I'll liquidate it for them (1)

boyko.at.netqos (1024767) | more than 6 years ago | (#21830660)

Uh, it's not the Titanic of tech history. No one on the Titanic was going: "We did NOT hit an iceberg, the ship is NOT sinking."

It's the Bush Administration of tech history.

Re:I'll liquidate it for them (2, Informative)

ArsonSmith (13997) | more than 6 years ago | (#21830922)

Actually part of the problem was that people thought they did hit an iceberg but that the ship was still "unsinkable" Otherwise evacuation of the ship would have started earlier and more people would have survived.

SCO's botched endgame (4, Informative)

Animats (122034) | more than 6 years ago | (#21830656)

For those of you who don't follow this mess, SCO voluntarily went into bankruptcy in September, the day before the SCO vs. Novell trial was to start. This stopped that case. For about two months. Novell asked the bankruptcy judge to let their case continue. After frantic maneuvers from SCO, which went nowhere, the bankruptcy judge let the Novell case proceed. It will go to trial in January or February. The only remaining issue there is how much money SCO owes Novell. SCO already lost on the "who owns UNIX copyrights" issue; Novell owns them.

The IBM and Red Hat cases are still pending, so if anybody wants to buy up SCO (the company's entire market cap is only $2.4 million today), they'd be stuck with those potential liabilities, on top of the Novell liability. That's why nobody is snapping up the remains of the company.

Plan on visiting the liquidation auction some time next summer.

Re:SCO's botched endgame (1)

phrostie (121428) | more than 6 years ago | (#21830776)

and Mcbribe gets to laugh all the way to the bank after giving himself and his cohorts all those raises and bonuses

Furniture auction on E-Bay... (1)

hardaker (32597) | more than 6 years ago | (#21830862)

SCO stuff may be finally worth something...

1) go bankrupt
2) sell furniture on EBay
3) get amazed when Darryl's chair sells for one millllion dollars
4) profit!!!

Look MA, no question marks!
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