from dorks

The appointed trustee will basically be in charge of the company. The
current SCO management will have to cooperate with him fully,
including giving him access to all the confidential company documents
and answer all his questions about past dealings.
As a result of this, it is possible that various scandals will emerge
since it's clear that SCO management is a bunch of crooks by any
measure. McBride & Co may still be prosecuted personally.

I love this soap! After all these years it's still fun to watch!

On Aug 5, 9:53 pm, Robert Halloran <rkhallo...@gmail.com> wrote:

Decision approx. 3 PM ET Aug 5:

From the decision:

...
It is an understatement to stay that since the filing of their
bankruptcy the Debtors financial situation has greatly declined.
...
No one can fairly argue that the Court has not been patient with the
Debtors. The Court is now unwilling to continue to wait while Debtors’
losses mount and the Debtors intend to dismiss the Chapter 11 cases.
During the Hearing on the Conversion Motions and the Sale Motion,
Debtors’ constant refrain of waiting for the Litigation to succeed
reminded the Court of Samuel Beckett’s play, Waiting for Godot.
Debtors are waiting for “the dough” from the Litigation but the Court
must take action to protect the estate and the creditors. The outcome
and time to reach finality of the Litigation are both too uncertain,
while the continuing losses are not.
...
It is beyond peradventure that Debtors have abandoned rehabilitation
by seeking to sell its operating business (except for Mobility which
produces minimal revenues) and committing thereafter to dismiss its
cases. So much for rehabilitation.
...
The fact remains that Debtors have lost money and have abandoned
rehabilitation. They have “bet the Company” on the Litigation. The
Court’s decision to appoint a Chapter 11 trustee will enable an
independent fiduciary to assess the Litigation with the confidence of
the Court and without the doubts raised by Debtors’ adversaries in the
Litigation.

it might make sense for SCOXQ to own SSVE as it will reduce costs for
customer service, technical support and back-office  work with its
centers in the Philippines. I bought a few shares of SSVE just in
case, it seems very undervalued. What do you guys think about the
potential for a deal?

die, SPAMMer!

On May 13, 4:54 pm, International Society Development Fund

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:

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:

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:

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:

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.

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?

This pig is on life support in the BK court in Delaware, and they have
a PLAN!  Visit http://groklaw.org for more.

Meanwhile, they're looking for a new supplier of lipstick.

i mean, really, isn't it about time?

After the favourable ruling that orders SCO to pay only (and this a
euphemism) 2.5M to Novell, instead of the 20M that Novell was
requesting, it seems to me that SCO had finally closed a hard chapter
in it’s history and may be able to look forward… but what’s next?

Are they going to concentrate on releasing new products and grow as a
normal company, which is generating a turnover based on hard work that
will then be reflected on their shares or will they continue to pursue
this endless battle, putting at risk what so little remain?

Any thoughts or information?

Who cares about shame?

Lying to investors is a criminal offense and the SEC should
be looking into that.  I suspect that a little digging will find
a mini-Enron hiding in the corner.