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[Linux-aus] re: Interesting take on SCO
Tim Bowden wrote:
To: linux-aus@linux.org.au
Subject: [Linux-aus] Interesting take on SCO/ Canopy Group actions
From: Tim Bowden <bowden@iinet.net.au>
Date: Tue Jul 29 15:36:01 2003
First thing I have seen that makes any sense in explaining why SCO is
making so much noise about Linux
http://www.computerworld.com/softwaretopics/os/linux/story/0,10801,83452,00.html
<quote>
So, what do you do when you have no real business but your stock price
keeps going up? We all learned that lesson during the dot-com bubble: You
use that stock as currency.
...
- - -
to which I add:
SCO execs dump stock
http://www.zdnet.com.au/newstech/enterprise/story/0,2000048640,20276629,00.htm
Senior SCO executives have been dumping their personal holdings in the
company since June, US Securities and Exchange Commission (SEC) filings
have revealed.
Considering the company has only 13.5 million shares floating around, it
is conceivable that the issuance of 45 million shares at a tenth of a
cent each may dilute the list price somewhat.
If that wasn't enough to make shareholders twitch, the registration
statement contains other information that throws some light on SCO's
position in regard to options.
--
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