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  US Trustee calls for Ch 7 liquidation; stock UP?!?
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Robert Halloran  
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(2 users)  More options May 7, 9:57 am
From: Robert Halloran <rkhallo...@gmail.com>
Date: Thu, 7 May 2009 06:57:13 -0700 (PDT)
Local: Thurs, May 7 2009 9:57 am
Subject: US Trustee calls for Ch 7 liquidation; stock UP?!?
The Trustee has filed a request in BK court in Delaware asking for a
conversion to Ch 7 liquidation, to be heard in June.

The stock jumps from 0.10 to 0.14?  WTH?


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sabo...@gmail.com  
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(1 user)  More options May 8, 11:38 pm
From: sabo...@gmail.com
Date: Fri, 8 May 2009 20:38:27 -0700 (PDT)
Local: Fri, May 8 2009 11:38 pm
Subject: Re: US Trustee calls for Ch 7 liquidation; stock UP?!?
Daytraders?
People betting someone will buy them out to service/assimilate the
installbase? They DO have an installbase you now. There are still
companies using their stuff.

Yeah if you followed the case, you should now that it is very unlikely
now that anyone will touch them with a pole of any length.
If IMB, Novell, Oracle/SUN or anyone else were interested, we would
have heard something by now. It looks like surefire chapter 7 to me.

Ah well, to bad. I will miss the entertainment.


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Robert Halloran  
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(1 user)  More options May 11, 7:52 am
From: Robert Halloran <rkhallo...@gmail.com>
Date: Mon, 11 May 2009 04:52:15 -0700 (PDT)
Local: Mon, May 11 2009 7:52 am
Subject: Re: US Trustee calls for Ch 7 liquidation; stock UP?!?
I've been following the case since the beginning.  I'm just amazed
(still) that this stock isn't trading at sub-penny values after all
the nonsense.

Having worked in various parts of AT&T for 12 years, seeing these
bottom-feeders trying to use UNIX as some sort of legal blackjack
because of their own business failures steams me royally.   What would
entertain *me* is seeing some/all of the exec's responsible doing the
orange-jumpsuit perp-walk into court for their deceptions.

Given the court's ruled the UNIX copyrights never left Novell, my
guess is they start up a migrate-to-SuSE program shortly after the
rubble stops bouncing in Utah to move the remaining stragglers over.

On May 8, 11:38 pm, sabo...@gmail.com wrote:


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sabo...@gmail.com  
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(1 user)  More options May 11, 3:22 pm
From: sabo...@gmail.com
Date: Mon, 11 May 2009 12:22:10 -0700 (PDT)
Local: Mon, May 11 2009 3:22 pm
Subject: Re: US Trustee calls for Ch 7 liquidation; stock UP?!?
Oh yeah, I'm sure Novell, RedHat and/or IBM are offering migrate-to
deals to SCO customers as we speak.

It's just such a shame that SCO ignored the way the wind was blowing a
long time. They HAD their own Linux distro at some point but killed
it. Knowledge of how to run a Unix-like OS on enterprise scale is
still a valuable possession. They could still have been a respectable
rival to RedHat and Novell if they adapted. They wouldn't be as big as
they were in their prime but still capable and ... you now...
profitable. Instead management stuck to the old proprietary OS with
big margins mindset that just doesn't fly as well as it used to.
Redhat has 15 years less experience, is profitable and is ok with less
margin.

On May 11, 1:52 pm, Robert Halloran <rkhallo...@gmail.com> wrote:


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>::<  
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(1 user)  More options May 11, 5:59 pm
From: ">::<" <linux.aut...@gmail.com>
Date: Mon, 11 May 2009 14:59:59 -0700 (PDT)
Local: Mon, May 11 2009 5:59 pm
Subject: Re: US Trustee calls for Ch 7 liquidation; stock UP?!?
knew some nice folks at Caldera - even wrote a book or two about the
distro

amazing to turn what was a viable business plan using Open Source
and Free Software into a debacle!

btw, i still have a little OpenServer box i'm saving for the pistol
range

:-)

On May 11, 3:22 pm, sabo...@gmail.com wrote:


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Robert Halloran  
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(1 user)  More options May 12, 3:59 pm
From: Robert Halloran <rkhallo...@gmail.com>
Date: Tue, 12 May 2009 12:59:04 -0700 (PDT)
Local: Tues, May 12 2009 3:59 pm
Subject: Re: US Trustee calls for Ch 7 liquidation; stock UP?!?
I had a copy of Caldera's OpenLinux from my time as a Netscape SE
(between AT&T and My Current Employer); targeted for businesses,
pretty good for the time, but the upfront costs were typical of
Novell; I suppose the incremental-charges mindset was too ingrained.

Caldera *SHOULD* have had a winner with the Santa Cruz acquisition: a
competent business-oriented distro with the then-legendary Santa Cruz
VAR/ISV channel to work through.  Instead they stood there while Red
Hat, SuSE, etc. ate their lunch.  Then they come up with the brilliant
plan to sue their customers such as AutoZone, and, of all choices,
IBM.  IBM?  Who can blacken the skies over your head with lawyers?
WHAT were they thinking?

At this point, both IBM *AND* Novell have filed their own convert-to-
Chapter-7 motions alongside the US Trustees' filing.  I gather the
comments are less than flattering to the current SCOX management.  At
this point it looks like it's just a matter of waiting out the clock
until the court hearing in June, then turn out the lights.

I believe Mickey D's migrated off SCO for their back-end servers a
while back.  AutoZone did so quite publicly.  I saw an item forwarded
from some auto-service trade magazine's website about some ISV
offering a "bailout program" for shops still using the old SCO-based
point-of-sale packages.  Who of any size is left still using SCOX for
POS?

On May 11, 5:59 pm, ">::<" <linux.aut...@gmail.com> wrote:


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