back to article SCO 'disappointed' as shares plunge 70 per cent

Mimicking a scene from Monty Python's The Holy Grail, the SCO Group has issued a statement declaring that it's not dead yet. Last week, a judge dealt a devastating blow to SCO's legal actions against both Novell and IBM. He ruled that Novell does in fact own the copyrights to Unix and Unixware. In addition, the judge gave …

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not dead YET

why dont they just give it up now before they go pop?

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The tiger has pearly teeth.

The SCO Group can't stop fighting. They climbed onto the back of the tiger and if they try to get off, the tiger will eat them. Their rapidly falling stock value will surely trigger legal action from those who foolishly believed that everything claimed by Darl was true. This might get the US SEC involved.

However, what may happen first is The SCO Group will look for a white knight who likes a good scrap in court.

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Overvalued

43 cents per share is roughly 42 cents too high.

Sell now, or lose everything!

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but will they pay the money back?

much as I'm delighted by this ruling and the rapidly accelerating demise of M$-biatch Sco, I wonder if the poor souls who were blackmailed into stumping up for Sco licences will get their money back?

And then there's the legal fees etc for companies who thought they'd be sued in the @ss by scummy Sco/M$ - hmmm I sense a counter-claim in the offing when I get into work tomorrow! :)

bai-bai Sco, may you rot in silicon hell, you lying, blackmailing set of Micro$oft weasels!

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Funniest share price chart of the year

http://finance.yahoo.com/q/bc?s=SCOX&t=5d&l=on&z=m&q=l&c=

Friday closing price: 1.56

Monday opening price: 0.45

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Anonymous Coward

Finally, the rest of the world wakes up

It was a long wait but we all knew tSCOg was nothing more than a penguin hunting scam. I do feel pity for the suckers who fell for their lies. A hard lesson but don't give your money to husslers, it only encourages them. RIP SCO and burn in hell. You will not be missed.

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Joe

What comes around.....

e-Karma, enough 'sed';

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Anonymous Coward

Patent Trolls

They seem to think that they still own all the Unix rights since Novell sold them to SCO. Bunch of morons!! I pity the people who use their pathetic excuse of Unix

@Morely:

lol, I would have sold my shares as soon as they launched the bloody lawsuit several years ago!!! Too late now

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Anonymous Coward

Oh yeah

"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."

Did the court really need to determine that what SCO did, SCO owns?

"Also, SCO owns the exclusive, worldwide license to use the UnixWare trademark, now owned by The Open Group."

Damn, we are all so screwed NOW!

Say, where is Darl? Running mate for Mitt Romney or what? Where is the puff-piece woman from Ziff Davis? What is Darl's take on the GPL being a violation of the US constitution now, knowing that it has been declared "just a piece of paper" in the meantime? Will Karl Rove be re-employed at SCO soon? Has anyone ever found out whether Pamela Jones is the legal equivalent of Nicolas Bourbaki? What will happen to the financial analysts who recommended a strong buy for SCOX stock?

Questions, questions... Get on it El Reg!

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Gold badge

SCO Unix

Why would anyone use their Linux?

Relinking a kernel and rebooting to change an IP address?

OpenBSD, FreeBSD, NetBSD, AIX, Solaris etc are all worthy alternatives.

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It's not "Not dead yet", it's "Just a flesh wound!"

Wrong Python reference, guys. Here's the one that applies:

Arthur: You are indeed brave, Sir Knight, but I won.

Black Knight: Oh, had enough, have you?

Arthur: Look, you stupid offensive man, you've got no arms left.

Black Knight: Yes I have.

Arthur: Look!

Black Knight: Just a flesh wound.

Arthur: Look, stop that.

Black Knight: Coward! Coward!

Arthur: Look, I'll have your leg. Right!

Arthur cuts off the Black Knight's leg.

Black Knight: Right, I'll do something bad to you for that!

Arthur: You'll what?

Black Knight: Come here!

Arthur: What are you going to do, bleed on me?

Black Knight: I can't be beaten!

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Anonymous Coward

Hmmm....

If SCOX drops to a penny, its market cap will be $214k. Anybody know what their liabilities are right now? If they're actually in the black, they probably have more than a couple million just in physical assets... might make sense to buy the whole kit and kaboodle, and issue a final press release saying, "ZOMG we gots pwnt!" before auctioning off the goods... :D

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Anonymous Coward

Well...

That'll learn them to make stuff, instead of litigating against organisations that actually do in hopes of the big payout. Hmmm... I've come over all smug!:)

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Silver badge

> Did the court really need to determine that what SCO did, SCO owns?

For SCO's sake the court did need to, because otherwise, by SCO's rather eccentric theory of derivative works exhibited in the IBM case, Novell would own all the work SCO had done...

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Anonymous Coward

@OhYeah

Since when did amanfrommars start posting anonymously.

Oh those poor people/companies that fished out those SCO

licenses, they didn't have a chance in hell of ever proving

that nonsense that was obvious from the start if you paid

them you were a sucker, suckers get fleeced there is one

born every minute, and two to take him.What I want to know

is do we have to still hear about this or can this can this whole

sorry affair die now .I have been reading some of the most vacuous trash lately about Linux and how the community and and corporations are at each others throats it's like the FUD machine from hell very little

has changed this week everyone is still the same a couple of companies are more greedy than we thought thats not news one company I noticed is trying it's ass off to get some attention and all people do is bitch and ignore it, there isn't one thing that can't be done with open source and not only that but there isn't one platform that doesn't have open source projects running on it in a very public way, so get over it it's not going anywhere and MS will continue to rape the stupid which is just fine they need it apparently.I am sorry it's hot as hell here and I am sick of mindless prattle from the eunichized little copraphagic journalistic wannabes they can't talk they can't write and they are too young to know anything they walk around like a bunch of astounded parrots as if any of this means anything it doesn't and I am tired of sifting for the odd bit that does, learn the history please then judge what is really news.

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What goes to court

We still have Novells counter claims + IBM's summary judgments and counterclaims to get through yet. All though Novell can stop SCO from suing IBM I can't see anything this side of Armageddon stopping IBM and its counterclaims.

I get the feeling IBM is taking this personally and on top of that its lawyers are having a ball.

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Anonymous Coward

Urgh

"I am sick of mindless prattle from the eunichized little copraphagic journalistic wannabes they can't talk they can't write and they are too young to know anything they walk around like a bunch of astounded parrots"

I read that paragraph in one go, and I suffocated to death.

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Renaming their product

SCO need to rename their product to SCO EunuchsWare.

As for their share price it is more like 45c overvalued

They just need to accept that they are another victim of IT Roadkill and ie down and die.

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Not worth much anyways

SCO : assets = 19.85 m ( last SEC filing )

SCO : liabilities = 12.65 m ( last SEC filing )

Due by SCO to Novell for SUN and Microsoft's SRVX licences : 25.46 m

net worth : -18.26 millions

that should have grown considerably worse since the shares

just dropped considerably.

In other words : Darl and the rest of the board at SCO

are sure to disappear shortly.And probably SCO as an

entity too.

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Even sharks have to eat

"We still have Novells counter claims + IBM's summary judgments and counterclaims to get through yet. All though Novell can stop SCO from suing IBM I can't see anything this side of Armageddon stopping IBM and its counterclaims.

I get the feeling IBM is taking this personally and on top of that its lawyers are having a ball."

Doubt it, there's not much left there. IBM may want to make an example of them, but I think the point is made. Short of the IBM lawers going after the SCO executives, which likely would be done through the SEC, this bird is dead and picked over. There's not much left on this carcass for the lawyers to feed on, so they'll move along smartly.

"Also, SCO owns the exclusive, worldwide license to use the UnixWare trademark, now owned by The Open Group" Yes, they *owned* it. It's been since given away or sold, and those assets have been accounted for, and soon your asse(t/s)s will belong to Novell. Its basically saying, we didn't have a right to sell those other licenses, but we did own that one to sell, see!!!

The only thing SCOX stock has been consistently good for is to sell on margin. But all good things must come to an end.

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Anonymous Coward

re: SCO disappointed

You really shouldn't be, SCO. Think about what you did to people in the past. Now think if you would like to go through what the companies you stepped on went through. No? Too late. You done your damage, and now you'll suffer.

Au revoir SCO. You will not be missed. Hope you rot in hell.

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Silver badge

victim of IT Roadkill ?

Nope. No way. SCO is not a victim at all, unless you consider victim someone who steps on toes, kicks shins and sucker-punches everyone in the playground until three guys twice his size get annoyed and treat him to some toilet shampoo.

I have absolutely zero commiseration for SCO, its lawyers, its management, and anyone that has ever been employed since McBride took the helm. SCO has done nothing worth anything since he got appointed CEO, and now it is vulture bait, which is only justice.

I fervently hope the SEC is going to go for the jugular, because I'd really hate to see Darl live on with his immorally gained millions. I also hope he will never be CEO again, because in my view he certainly doesn't deserve it. As for the criminals that abused the name "lawyer" that worked for SCO, they should be all pursued for contempt of court and baseless lawsuits.

HANG 'EM ALL !

Oh, and concerning the poor multinational corporations that gave up the dough for an SCO "license", don't waste tears on them either. These are multinationals, making billions and practically above the law whenever they feel like it. That they didn't have the balls to tell SCO to piss off means that either the CEO had an agreement and the license was kickback money, or that said CEO is simply a spineless git that has nothing to do at the helm of tens or hundreds of thousands of employees.

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@OhYeah 2

"Since when did amanfrommars start posting anonymously." ...

The next time will be a First, anonymous.

"However, what may happen first is The SCO Group will look for a white knight who likes a good scrap in court." ....... Grand Vizard Territory ....Damsel Rescue Wing? :-)

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RE: SCO Unix

>Why would anyone use their Linux?

>Relinking a kernel and rebooting to change an IP address?

Jesus Herbert Walker Christ man, which version of Linux do you claim to have used? Last time I had to do anything like that was back in the heady days of 0.96 or so when my network card went serious titsup.

If you feel the need to change an IP address without rebuilding your kernel and rebooting in future, the manpage for 'ifconfig' is a good start.

A more pertinent question would be 'why would anyone use SCO Unix' - I did, once upon a long time ago, and it was a uniquely unpleasant experience, up there with using HP-UX ...

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The yahoo 5 day finance chart is quality.

Anyone still got some of SCO's shares that they bought at $20 in Jan 04? ...suckers :-)

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Hear Hear

Pascal says it all really.

I do hope that McBride and his cronies get the sharp end of the SEC stick right up the jacksie as punishment for them and a lesson to others.

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Anonymous Coward

SCO Linux

> Jesus Herbert Walker Christ man, which version of Linux do you claim to have used?

Simon, I think he was talking about SCO Linux!

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Re: SCO Linux

[slaps forehead]

D'oh ... yes, you're right. I take it all back - I'll crawl back under my desk now.

Note to self: don't post anything, to anywhere, until the third coffee has taken effect ;-)

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No, Steve -- still the wrong Monty Python reference

While the part of the movie that Steve J. Rapaport describes actually is more fitting as a description of SCO's (ahem) delusion, the reference to "not dead yet" comes early in 'Holy Grail,' where Eric Idle has a cart full of dead people and is shouting "Bring out your dead . . . " Michael Palin brings out an old man who's not quite dead -- "I'm not dead yet . . .", and makes a point of saying so (with an argument ensuing about whether Idle can take him or not, while the old man on Palin's shoulder says "I think I'll take a walk . . . ).

But back on the topic, as someone from Santa Cruz who has followed this from the beginning, it looks like curtains for SCO (which, thankfully, is now based somewhere far from the shores of the Pacific).

Larry Cafiero

"Larry the Open Source Guy"

http://larrytheopensourceguy.wordpress.com

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First Domino?

Maybe this will kick off the 2007 recession. A bursting of the overinflated "Intellectual Property Bubble". Like the internet bubble, there is overspeculation of future value (based on dubious IP claims) that just doesn't exist...

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M$, RIAA

Here's to hoping the next slaughterfest comes against M$ for their lousy claim on "200 patents broken in Linux source code" stuff.

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Anonymous Coward

Pump & Dump

Well and truly Pumped. Well and truly Dumped

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Hey SCO!!!

In my best Puerto Rican accent - " YOU Can KISS THIS!!!"

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