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| Mr. Raimondi Makes His Getaway |
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Wednesday, November 24 2004 @ 10:24 AM EST
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Thomas P. Raimondi, Jr., has resigned from the Board of The SCO Group, according to a SCO press release. It seems he has "time constraints". He says it was "an honor" to serve. "I continue to support the Company's strategy and wish the Company continued success." As what? Where? No doubt he has fond memories of the heady good old days, when hope sprang eternal. Well, not eternal after all. I note it is Ralph Yarro who stood up to praise him and send him on his way. Where is Darl McBride in this picture? Doesn't he usually do the honors at such events?
If you don't mind a brief stroll down memory lane, we can remind ourselves of a detail about MTI, Mr. Raimondi's company, from June of 2003: "SCO is basically owned and run by The Canopy Group, a Utah firm with investments in dozens of companies. Canopy's chief executive, Ralph J. Yarro III, is chairman of SCO's board of directors and engineered the suit against Microsoft in 1996. Darcy Mott, Canopy's chief financial officer, is another SCO director, along with Thomas Raimondi, chief executive of a Canopy company called MTI Technology. . . .
"Canopy companies sometimes share more than a common parent. They form joint ventures and buy and sell one another's stock. Last November SCO formed a joint venture called Volution with Center 7, a Canopy company. In 2000, Caldera sold off part of its business to EBIZ Enterprises, a Texas company in which Canopy holds a controlling interest and whose board boasts three Canopy execs, including Mott, according to SEC filings. Previously, Caldera bought shares in two other Canopy companies, Troll Tech and Lineo, and later wrote off the Troll Tech investment but sold the Lineo shares at a profit, according to SEC filings. In 1999, Caldera sold its own shares to MTI, then bought those shares back last year, according to SEC filings.
"What's the point of all this horse trading? McBride says he has no idea, since those deals happened before he joined Caldera. 'I wasn't involved in those transactions,' he says.
But Raimondi was there. That article was titled, "What SCO Wants, SCO Gets." I'm thinking instead that the headline should be rewritten thus, "What SCO Wanted, It Used to Get, Before It Foolishly Got IBM and the FOSS Community Mad and Digging in the Dirt." Here's the press release.
*****************************
LINDON, Utah, Nov. 24 /PRNewswire-FirstCall/ -- The SCO Group, Inc.
(Nasdaq: SCOX), owner of the UNIX operating system and a leading provider of
UNIX-based solutions, today announced that Thomas P. Raimondi Jr., president
and CEO of MTI Technology Corp., has resigned as a director of The SCO Group.
Mr. Raimondi informed the Company that current and anticipated time
constraints relating to his duties at MTI required him to discontinue his
service on the Board, effective as of Nov. 24, 2004. Mr. Raimondi has served
as a member of The SCO Group's Board of Directors since September 1999.
The SCO Group's Board of Directors, which consists of eight seats, has
initiated a search for candidates to fill the vacant seat, and will seek to
appoint a replacement at the 2005 annual meeting of shareholders.
"We thank Thomas for his time, energy and contributions as a director of
the Company and wish him well in his future endeavors," said Ralph Yarro, III,
Chairman, The SCO Group.
"It has been an honor to serve on The SCO Group's Board of Directors. I
continue to support the Company's strategy and wish the Company continued
success," said Raimondi.
Forward-Looking Statements
This press release contains forward looking statements related to The SCO
Group's anticipated 2005 annual meeting of shareholders. SCO wishes to advise
readers that a number of important factors could cause actual results to
differ materially from those anticipated in such forward-looking statements.
These and other factors that could cause actual results to differ materially
from those anticipated are discussed in more detail in SCO's filings with the
Securities and Exchange Commission.
About SCO
The SCO Group, Inc. (Nasdaq: SCOX) helps millions of customers in more
than 82 countries to grow their businesses everyday. Headquartered in Lindon,
Utah, SCO has a worldwide network of more than 11,000 resellers and 4,000
developers. SCO Global Services provides reliable localized support and
services to partners and customers. For more information on SCO products and
services, visit http://www.sco.com.
SCO and the associated SCO logo are trademarks or registered trademarks of
The SCO Group, Inc. in the U.S. and other countries. UNIX is a registered
trademark of The Open Group. All other brand or product names are or may be
trademarks of, and are used to identify products or services of, their
respective owners.
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 11:21 AM EST |
--
MadScientist[ Reply to This | # ]
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| Authored by: MathFox on Wednesday, November 24 2004 @ 11:22 AM EST |
For links, post in HTML:
<a href="http://www.groklaw.net/index.php">example
link</a>
---
When people start to comment on the form of the message, it is a sign that they
have problems to accept the truth of the message.
[ Reply to This | # ]
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| Authored by: RealProgrammer on Wednesday, November 24 2004 @ 11:26 AM EST |
This is simply protocol.
As I from military funeral detail as a young Marine, we always had to get
someone to preside who had equal or greater rank to the deceased.
Darl's an employee. It wouldn't do.
---
(I'm not a lawyer, but I know right from wrong)[ Reply to This | # ]
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 11:27 AM EST |
Please post materials relevent to the Novell-Microsft case here. This probably
now includes the Burst-Microsft case now after the facinating (and humourous!)
'e mail' filing.
--
MadScientist [ Reply to This | # ]
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| Authored by: kawabago on Wednesday, November 24 2004 @ 11:38 AM EST |
Watch them all go now, well, at least the ones with any kind of ability.
---
constructive irrelevance.[ Reply to This | # ]
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 11:50 AM EST |
I agree. Yarro is the Chairman of the Board, so he should be the one
"farewelling" a board member who is leaving. Board members do not work
for the CEO[ Reply to This | # ]
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 11:51 AM EST |
MTI has been a sagging business for a long time.
It started in 1998 when customers would bring in their
hardware and not pay for it after several months
of use.
Here's the cast of characters at Canopy involved
in the Canopy/SCO lawsuit and it's quite an
incestuous lot. Actually, it's not Ralph Yarro
solely behind the SCO scheme. He's not bright
enough.
Ralph Yarro is a website designer who latched onto
Ray Noorda when his altzheimers started to get
really bad. Ralph seized the opportunity then pushed
out of Canopy Ray's kids, Andy Noorda and Ty Noorda,
his wife, then took control of the whole thing. He's
ruthless. He brought in ex-Novell people, including
the in-house attorneys who worked for Novell and
actually did the SCO deal for Novell.
The brains behind the lawsuit is an attorney named
Brent Christiansen hired by Noorda from Vancott, and later
Parsons, Behle, and Latimer. These folks have been
raking in millions per year off these businesses and they
took a strategy going back to the M$ settlement with
Caldera to use litigation as a money maker over developing
technology. Ralph has terrible management skills
and no vision for high tech development.
Ralph Yarro - CEO (Website designer)
Darcy Mott - CFO (Novell)
Brent Christiansen - Corporate Counsel (very bright attorney)
Kenneth Jennings - (former Novell IP attorney wo did the SCO deal)
Harrison Colter - (former Novell in-house litigator who
ran the piracy lawsuits for Novell)
Those are the indsiders running the SCO lawsuit. Darl
and his friends and front men and puppets. It's Novell's
own former employees and attorneys behind it.
[ Reply to This | # ]
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| Authored by: Nick_UK on Wednesday, November 24 2004 @ 11:54 AM EST |
The 'last post' is appropriate here for the Military
funereal and SCO, I feel.
Brrrrr Brr BrrrrRRRR Brrrrr Brr BrrrrrRRRR. ...
Nick [ Reply to This | # ]
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| Authored by: G-cles on Wednesday, November 24 2004 @ 12:00 PM EST |
I went to www.sco.com to see if I could figure out how one gets nominated for a
spot on SCO's BoD and I found something very funny on their investor relations
page. Try this:
Goto: http://www.sco.com/
Mouse over "Company" and choose "Investor Relations"
You should be taken to a page: http://ir.sco.com/
On this page in the right hand nav column click any link under "Related
Topics"
All of those links (Company Profile, Executive and Board Biographies, Company
Press Kit, and Recent Headlines) all redirect you to....
www.microsoft.com!
:)
Seriously, any hint of where we can find (online) bylaws about the nomination
process for the BoD would be interesting to read. Thanks![ Reply to This | # ]
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| Authored by: peragrin on Wednesday, November 24 2004 @ 12:11 PM EST |
SCO has annouced that Mr. Raimondi will be replaced with Jar Jar Binks. Blake
Stowell of SCO has said that will be better off with Jar Jar, solidifing the
hatred of SCO in the eyes of Geeks everywhere.
PS this is a joke folks, the fact that it fits is because SCO is a joke as well
---
I thought once I was found but it was only a dream.[ Reply to This | # ]
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| Authored by: sjgibbs on Wednesday, November 24 2004 @ 12:29 PM EST |
Does anyone have a swag estimate for Raimondi? [ Reply to This | # ]
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| Authored by: clark_kent on Wednesday, November 24 2004 @ 12:38 PM EST |
Oh Yeah! That's right. There was supposed to be a website to voice their
opinion, their side of the story. I guess with the lack of a website for that
purpose, their only voice is through financial statements and the courts.
[ Reply to This | # ]
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 12:57 PM EST |
The whole world is corrupt. My problem with Linux is it needs some mechanism to
build up sufficient capital without emboldening the corruptness of the hardware
players. Unfortunately, the balance of power is shifting from Corrupt software
vendors to corrupt hardware vendors.
Linux needs a way to accumulate sufficient capital without being corrupt and
without being dependent on the corrupt hardware makers. Linux is great and is
the start of something great, but we need to FINISH this journey and use it to
show that in the computing world and then eventually move this method over to
the rest of the business world as well.
Without the support of the big hardware companies, and service related
companies, Linux is nothing. Linux needs to be self sufficient and not depend
on others.
[ Reply to This | # ]
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 01:07 PM EST |
It could not go to a better candidate.Link
He is someone we should all try to emulate IMHO.
Well
done Linus.[ Reply to This | # ]
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- Good for him! - Authored by: Anonymous on Wednesday, November 24 2004 @ 01:21 PM EST
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| Authored by: prayforwind on Wednesday, November 24 2004 @ 01:32 PM EST |
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http://www.crime-research.org/news/24.11.2004/813/
(and can anyone tell me
why my link not appearing correctly) ---
jabber me: prayforwind@jabber.org [ Reply to This | # ]
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 01:42 PM EST |
Have you ever witnessed a presws release being made? The quotes are always
fabricatd by the PR people. Those being quoted may not have even read what
they're purported to have said.
[ Reply to This | # ]
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| Authored by: enodo on Wednesday, November 24 2004 @ 02:19 PM EST |
It would seem that one reason Mr Raimondi elected to leave now is the low share
price:
http://biz.yahoo.com/t/83/956.html
http://biz.yahoo.com/t/13/3311.html
[ Reply to This | # ]
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 02:33 PM EST |
| (for the irony-impaired folks: this is a joke) [ Reply to This | # ]
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 03:17 PM EST |
Haha, that seat must be HOT.
[ Reply to This | # ]
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| Authored by: Latesigner on Wednesday, November 24 2004 @ 04:08 PM EST |
I remember these guys :
http://www.mi2g.com/cgi/mi2g/frameset.php?pageid=http%3A//www.mi2g.com/cgi/mi2g/
press/241104.php
They're the ones who did that study that proved that Windows was more secure
than LINUX, the study Microsoft paid for.
It seems SCO has been having server problems and they're blaming the OSS
community (radical elements and all that) for a DDOS attack (note that knocked
off line for a month claim ).
There's no proof at all but then that was never their thing.[ Reply to This | # ]
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| Authored by: AllParadox on Wednesday, November 24 2004 @ 05:00 PM EST |
Main posts in this thread may only be made by senior managers or attorneys for
"The SCO Group". Main posts must use the name and position of the
poster at "The SCO Group". Main posters must post in their official
capacity at "The SCO Group".
Sub-posts will also be allowed from non-"The SCO Group" employees or
attorneys. Sub-posts from persons not connected with "The SCO Group"
must be very polite, address other posters and the main poster with the
honorific "Mr." or "Mrs." or "Ms.", as
appropriate, use correct surnames, not call names or suggest or imply unethical
or illegal conduct by "The SCO Group" or its employees or attorneys.
This thread requires an extremely high standard of conduct and even slightly
marginal posts will be deleted.
P.J. says you must be on your very best behavior.
If you want to comment on this thread, please post under "O/T"
---
All is paradox: I no longer practice law, so this is just another layman's
opinion. For a Real Legal Opinion, buy one from a licensed Attorney[ Reply to This | # ]
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| Authored by: Anonymous on Wednesday, November 24 2004 @ 07:42 PM EST |
When were those? I can't imagine that he genuinely believes that the last
couple of years were anything remotely resembling "good 'ol days". I'd think
he'd be glad to leave those times behind. Perhaps they were back when SCO UNIX
was little more than an awful assortment of UNIX-like ideas and MS-DOS ideas
combined in a manner resembling a Star Trek transporter accident?
[ Reply to This | # ]
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| Authored by: sproggit on Wednesday, November 24 2004 @ 09:45 PM EST |
Team,
I know I'm being picky here, but one line of the SCO statement
interested me. It's the bit that says, owner of the UNIX operating
system.
My apologies for being both pedantic and argumentative, but
could someone with a bit more knowledge of appropriate wording offer a view on
this choice of phrase?
For example, is this the same thing as claiming
to own the copyrights to Unix? If so, are Novell likely to pick up on this and
act on it with respect to their case with SCO over ownership?
Or is this
a case of some clever wording designed to "imply" that SCO are claiming
ownership of copyrights, but in reality just saying that they bought the right
to license the code from Novell?
I know I'm probably over-analysing
[sorry!] but SCOs choice of wording just struck me as interesting, that's all.
[ Reply to This | # ]
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