| SCO Conference Call on 4thQ & Year-End Financials Dec. 21 at 5PM EST |
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Friday, December 10 2004 @ 09:29 PM EST
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SCO announced today it will release its 4th quarter and year-end financial results in a conference call after the market closes on Tuesday, December 21. The call begins at 5 PM Eastern Time. They chose a 5 PM time for the last conference call, too. Before that, it was typically at 11 AM. Maybe they'll explain how their stock goes up on no good news at all. They offer the media the opportunity to participate in the live call or alternatively they can access listen-only mode. I might call in. From a payphone. Two states over. Joke. Joke.
I notice Yahoo still has the November 18 story about Ballmer warning Asian governments about Linux suits highlighted on their SCO page. But I also noticed that the stock started going up earlier in November. I admit I find it fascinating. Anything that contradicts what logic would dictate is interesting, because you can't help but wonder, what is the missing piece? Hopefully, someone will ask them during the conference call. Here's what Dion Cornett's most recent Open Source Wall Street says about the stock:
"Due to recent strength, SCOX continues to trade above our $3 price target
"For the 2nd week in a row, SCO Group (SCOX: Market perform) was the best-performing stock in our group, returning 23%, ahead of the Company reporting FY04 (Oct) results this month. Despite the run-up, we believe that the potential for upside surprises during the quarter is limited given the Company’s relatively stable core business and our continuing skepticism with respect to its SCOSource licensing program. Specifically, we expect Q4 revenue of $10.8M, down sequentially from $11.2M, and a loss of $0.18, better than the $0.36 loss reported last quarter, although earnings will likely be highly dependent upon the accounting treatment of legal expenses during the quarter. While we maintain our Market perform weighting given SCOX’s volatility and limited trading volume, we note that the stock, now at $4.75, trades well above our $3 price target, and suggest selling into any strength potentially attributable to fresh speculation and year-end positioning. Again, a meaningful legal victory for SCOX is at least a year away, in our opinion, while upcoming hearings such as IBM’s (IBM: not rated) request for Partial Summary Judgment, originally scheduled for this week, but now expected mid-to-late January, could gut its case in the interim." As usual, please know that I have no idea what the stock market is about, although I have certainly been watching these past couple of weeks, so don't do anything on my account. As for a time frame for a "meaningful legal victory for SCOX", personally, I'm guessing that'll be more along the lines of when pigs fly. Here's their press release. ******************************
The SCO Group to Release Fourth Quarter and Year-End Financial Results and Host Conference Call After Close of Market on December 21
Friday December 10, 4:00 pm ET
LINDON, Utah, Dec. 10 /PRNewswire-FirstCall/ -- The SCO® Group, Inc. (Nasdaq: SCOX -News) announced today it will release its financial results, for the fiscal fourth quarter and year, ended on October 31, 2004, after the close of the market, on Tuesday, December 21, 2004.
In conjunction with the release, the company will also host a conference call that same day at 5:00 p.m. (EST) or 3:00 p.m. (MST) to discuss the Company's results.
WHAT: The SCO Group, Inc. Fourth Quarter and Year-End Fiscal 2004
Financial Results Conference Call
WHEN: Tuesday, December 21, 2004, 5:00 p.m. (EST), or 3:00 p.m. (MST).
HOW: If you would like to participate in the live call you may dial
800-565-5442 or 913-981-5591; confirmation code: 818639.
You may also join the call in listen-only mode via Web cast. The
URL is listed at http://ir.sco.com/medialist.cfm.
ABOUT THE SCO GROUP:
The SCO Group (Nasdaq: SCOX - News) helps millions of customers in more than 82 countries to grow their businesses with UNIX business solutions. 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 services to all 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. All other brand or product names are or may be trademarks of their respective owners.
Source: The SCO Group, Inc.
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| Authored by: fudisbad on Friday, December 10 2004 @ 10:25 PM EST |
For current events, legal filings and CC10 rulings.
---
FUD is not the answer.
FUD is the question.
The truth is the answer.[ Reply to This | # ]
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- Supreme Court agrees to hear Grokster case - Authored by: fudisbad on Saturday, December 11 2004 @ 12:19 AM EST
- FTR (for the record): SCO's fluctuating developer list - Authored by: belzecue on Saturday, December 11 2004 @ 05:57 AM EST
- So how many days - Authored by: PeteS on Saturday, December 11 2004 @ 06:21 AM EST
- OT Here Please - Authored by: rm6990 on Saturday, December 11 2004 @ 10:03 AM EST
- OT Here Please - Authored by: Anonymous on Saturday, December 11 2004 @ 03:00 PM EST
- OT Here Please - Authored by: Anonymous on Saturday, December 11 2004 @ 03:55 PM EST
- OT Here Please - Authored by: rtrentc on Sunday, December 12 2004 @ 03:01 AM EST
- OT Here Please - Authored by: Anonymous on Monday, December 13 2004 @ 05:15 AM EST
- OT Here Please - Authored by: Anonymous on Monday, December 13 2004 @ 02:58 PM EST
- OT: early Linux contributor quits job over software patents disargeement - Authored by: Anonymous on Sunday, December 12 2004 @ 04:27 AM EST
- Link - Authored by: Anonymous on Monday, December 13 2004 @ 07:28 AM EST
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| Authored by: Anonymous on Friday, December 10 2004 @ 10:26 PM EST |
Missing this time is the claim that SCO owns the Unix
operating system.
[ Reply to This | # ]
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| Authored by: Anonymous on Friday, December 10 2004 @ 10:34 PM EST |
| ---
--Bill P, not a lawyer. Question the answers, especially if I
give some. [ Reply to This | # ]
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| Authored by: Anonymous on Friday, December 10 2004 @ 10:42 PM EST |
Isn't SCO buying back their own stock these days with free
cash? If my memory is accurate then maybe this is why the
stock price is up. [ Reply to This | # ]
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| Authored by: hamjudo on Friday, December 10 2004 @ 10:57 PM EST |
| The news isn't going to be good, or they would schedule the conference during a
full trading day, away from any holidays.
Late on the 21st is a good time
for reduced press coverage, and less people reading what does get written. I
suspect the ideal time to announce bad results would be Christmas Eve, after the
market closes. But if they were to announce now, that they were scheduling the
conference call for the 24th, it would be blatantly obvious that they're trying
to hide something.
I believe they are required to publicly announce the
end of quarter and year results by some deadline. What is that deadline? If
they have the opportunity, I suspect they will generate an excuse to postpone
releasing the figures until closer to Christmas. If they do that, they probably
won't announce the postponement until the 20th.
[ Reply to This | # ]
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| Authored by: Anonymous on Friday, December 10 2004 @ 11:00 PM EST |
Anybody who has been watching this stock knows that it's been manipulated
mercilessly. Some people were speculating that the stock was being
"painted" to devalue the stock options that were handed out today,
others seem to think there is some end of the year manipulation going on.
Either way the stock is a scam. It's being manipulated by a few entitites to
suit their own agenda. The SEC as usual is asleep at the wheel and is not likely
to do anything about it.[ Reply to This | # ]
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- Scam Stock - Authored by: Anonymous on Saturday, December 11 2004 @ 08:31 AM EST
- Amen - Authored by: Anonymous on Saturday, December 11 2004 @ 02:22 PM EST
- Amen - Authored by: Anonymous on Monday, December 13 2004 @ 03:08 PM EST
- Scam Stock - Authored by: Anonymous on Thursday, December 16 2004 @ 02:08 PM EST
- Scam Stock: I think this is SOP in the Stock Market (N/T) - Authored by: Anonymous on Saturday, December 11 2004 @ 04:52 PM EST
- Scam Stock - Authored by: bstone on Sunday, December 12 2004 @ 10:06 PM EST
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| Authored by: Weeble on Friday, December 10 2004 @ 11:35 PM EST |
PJ, considering what breaches of your privacy and safety have been attempted or
threatened by the SCOundrels and their fellow travelers, I know that you're
really not talking about joking matters.
Maybe you don't need to call from a payphone two states over, but I would
encourage you to call in from some place or in some way where nobody with
malicious motives would be able to "pick up the scent", as it were.
I think calling in would be great--I'd love to be a fly on the wall if your call
got picked at random to ask a question, they ask you to identify yourself and
your publication, and you answer loud and clear, "Pamela Jones,
Groklaw". I have this vision of DMcB turning green and the impression of
involuntary excretory functions occuring amongst several of the SCOundrels.
(Hope that's a "clean" enough description for you.)
Just be safe in how you do it. We don't call 'em the SCOundrels for nothin'. And
we care about you and your safety. Heck, *I* care about you and your safety!
God bless,
Weeble
---
On The Trailing Edge of Technology Since 1987.
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| Authored by: fudisbad on Friday, December 10 2004 @ 11:57 PM EST |
Of course they need a wookie to distract attention from falling sales, losses
and a prospective CC10 ruling. Otherwse their stock might tank to $3.00 or lower
despite recent paint. Judge Kimball might even rule during the conference!
Last time around it was the shareholder plan and capping the legal fees. Q2 was
the shorting in Germany (if I recall correctly). So what's the wookie this time
around? Any bets?
---
FUD is not the answer.
FUD is the question.
The truth is the answer.[ Reply to This | # ]
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| Authored by: Anonymous on Saturday, December 11 2004 @ 12:51 AM EST |
With respect to stocks like SCO, the stock market is a way to gamble without
flying to Vegas. Every day is a crap shoot.
Your losses get better tax treatment than losses at the table.[ Reply to This | # ]
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| Authored by: fudisbad on Saturday, December 11 2004 @ 12:54 AM 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.
PJ says you must be on your very best behavior.
If you want to comment on this thread, please post under "OT".
---
FUD is not the answer.
FUD is the question.
The truth is the answer.[ Reply to This | # ]
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- Childish - Authored by: Anonymous on Saturday, December 11 2004 @ 12:35 PM EST
- NOT childish - Authored by: StLawrence on Saturday, December 11 2004 @ 02:54 PM EST
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| Authored by: Gothic`Knight on Saturday, December 11 2004 @ 01:36 AM EST |
This has facinated me from the start... well the whole story of the SCO has as
the Grok watches all know. But the share price. What wins are SCOX having that
sends the share from $3 to $5.... and for that matter what press realeases
either.
My personally best guess would be some sort of market manipulation from those
with billions they can't already spend who have millions they'd lose gladly to
make more billions they will still never spend.
Ah it all too entertaining for it to end so soon anyways and Linux, GPL, Linus
and the lovable penguin are near household terms anyways ...... thanks Darl:
keep up the fantastic work!![ Reply to This | # ]
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| Authored by: belzecue on Saturday, December 11 2004 @ 03:44 AM EST |
Who benefits most NOW from the bump in stock price?
Baystar.
They started selling in September. They ramped it up in October and by early
November the stock started lifting significantly. Now, in December, with the
spike in price, they can't offload quick enough.
If nothing else, Goldfarb et al. know how to 'massage' a stock price.[ Reply to This | # ]
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| Authored by: Felix_the_Mac on Saturday, December 11 2004 @ 06:31 AM EST |
I am completely ignorant about the stock market.
However my explanation of the recent rise is that Baystar's long term selling of
stock had 'artificially' lowered the price.
Now that they have finished selling (??? Only my assumption), the price has
rebounded to its 'normal' level.
This is basically just the effect of supply and demand.[ Reply to This | # ]
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| Authored by: blacklight on Saturday, December 11 2004 @ 07:22 AM EST |
"As for a time frame for a "meaningful legal victory for SCOX",
personally, I'm guessing that'll be more along the lines of when pigs fly."
PJ
The only pig that's going to fly is SCOG, and I know it because the Open Source
community is supplying the catapult. Make sure to wave at the screaming piggy
flying overhead before it crashes into Ralph Yarro's Canopy. Thereafter, SCO
piggy will be known as SCOG porky. Speaking generally: planes fly, but can
rockets, stones, rotten eggs and catapulted pigs be considered as
"flying"?
[ Reply to This | # ]
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| Authored by: Anonymous on Saturday, December 11 2004 @ 07:44 AM EST |
| I for one look forward to hearing about their new product lineup of lawsuits
for the new year. I know some of their current products (sue IBM release 1.0,
2,0, and 3.0; as well as their ever popular "sue your customer" series of
products) were initially received in the marketplace with very dissapointing
results.
But I am sure they will be talking about the hard work they have
been doing
in product R&D on new forms of litigation. Perhaps this is the
year they will
come out with a "killer" product?
I am sure that "Sue,
Collect, and Obsfucate" will have a very bright future
years
ahead as a
manufacturer of litigation in the very broad marketplace known as
the American
court system.
[ Reply to This | # ]
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| Authored by: shareme on Saturday, December 11 2004 @ 08:12 AM EST |
Without highlighting the parent company financials, Canpoy, its a fool's errand
to analyze CSOX's statemnts..
Especially if we are to see if Canopy did back table deals to make profits on
the rmap up of SCOX's stock..
---
Sharing and thinking is only a crime in those societies where freedom doesn't
exist.[ Reply to This | # ]
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| Authored by: phrostie on Saturday, December 11 2004 @ 09:40 AM EST |
what happened to the 44 dollars per share they were predicting back inthe
spring?
---
=====
phrostie
Oh I have slipped the surly bonds of DOS
and danced the skies on Linux silvered wings.
http://www.freelists.org/webpage/snafuu[ Reply to This | # ]
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| Authored by: Anonymous on Saturday, December 11 2004 @ 10:11 AM EST |
"I admit I find it fascinating. Anything that contradicts what logic would
dictate is interesting, because you can't help but wonder, what is the missing
piece?"
PJ - Are you trying to break their system of abuse and mafia-style busniess
practices? That is what companies like that hate you for..your curiosity?...The
pursuit of the Truth and exposing their evil practices (holding computer
technology for ransom - which the call "profit", and mowing down
anyone who stands in their way - which they call "necessary litigation and
defending I.P.")
This is how Microsoft won the battle in the nineties. We trusted them and we
found out they were screwing us all the while (they were judged an illegal
monopoly.) They will be overthrown. How is that statement relevant to SCO
litigation? SCO is a knight on Microsoft's chess board. Microsoft's pauns are
not helping the game anymore.
Linux and Open Source ARE changing the face of the computer market. And
truth-seeking efforts like Groklaw don't help the efforts of the people on the
deceptive side of things.
And what we would interpret as deceptive is what Microsoft calls
"marketing."[ Reply to This | # ]
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- Dream on - Authored by: Anonymous on Saturday, December 11 2004 @ 12:37 PM EST
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| Authored by: Anonymous on Saturday, December 11 2004 @ 10:21 AM EST |
ost by Stats_for_all--a no account type.
Appended below is a recapitulation of Baystar sales with price and volume
data in csv format for easy import into a spreadsheet.
Fields: Share are Baystar daily sales reported on form 4 filings with SEC
Price is weighted average price of the baystar sales (reported individually on
the SEC Form 4's)
Limit is percent of permitted sale 10% of the trailing 5-day average volume
vol is total share volume.
avgPrice is mean of Open.High.Low.Close meant to buffer end of day paint.
Observations: Baystar lapsed in the 10/15 to 10/26 period. This also marked
rapid share price erosion. Buy Institutions were sitting on their hands in the
period, though sale volume was strongly up.
November sales commenced before the market price turned up. Market price
falls in the absence of Baystar sales, rather than its presence.
Only 4 days were skipped in November. Sales come in blocks, final 2 days
sales are often below limit, indicating a pre-arranged sale is being
completed, rather than open market exchange.
Shares sold don't appear to languish on the OTCBB board indicating the buyer
is precommitted.
No one has identified the MM used. Future sales will be opaque for this
reason as Baystar is now below the
CSV listing starts here
Date,share,Price,Limit,vol,avgPrice
9/1/04,5000,0,0,136000,3.80
9/2/04,0,#N/A,0,28100,3.77
9/3/04,0,#N/A,0,52800,3.83
9/7/04,0,#N/A,0,50400,3.90
9/8/04,0,#N/A,0,201500,3.79
9/9/04,0,#N/A,0,54200,3.73
9/10/04,0,#N/A,0,59600,3.70
9/13/04,0,#N/A,0,287600,3.85
9/14/04,0,#N/A,0,209000,3.83
9/15/04,0,#N/A,0,35600,3.74
9/16/04,0,#N/A,0,23700,3.71
9/17/04,0,#N/A,0,33700,3.68
9/20/04,10000,3.67,85,39100,3.63
9/21/04,6000,3.48,88,324500,3.56
9/22/04,9000,3.45,99,147800,3.46
9/23/04,11000,3.55,97,458000,3.49
9/24/04,2800,3.5,14,153400,3.51
9/27/04,11160,3.4,50,282000,3.44
9/28/04,6500,3.35,24,88500,3.33
9/29/04,1922,3.4,9,116800,3.32
9/30/04,0,#N/A,0,210000,3.57
10/1/04,4000,3.65,24,92800,3.65
10/4/04,14027,3.6,89,114000,3.61
10/5/04,11973,3.6,96,149800,3.62
10/6/04,10000,3.67,73,160100,3.70
10/7/04,9100,3.66,63,106600,3.63
10/8/04,10000,3.69,80,137300,3.67
10/11/04,12716,3.56,95,37900,3.55
10/12/04,5000,3.5,42,68400,3.57
10/13/04,3200,3.56,31,101900,3.57
10/14/04,4800,3.46,53,98000,3.47
10/15/04,0,#N/A,0,128400,3.44
10/18/04,0,#N/A,0,73300,3.38
10/19/04,0,#N/A,0,67700,3.34
10/20/04,0,#N/A,0,129300,3.30
10/21/04,0,#N/A,0,148200,3.29
10/22/04,0,#N/A,0,89700,3.21
10/25/04,0,#N/A,0,211200,3.03
10/26/04,0,#N/A,0,149900,3.06
10/27/04,2794,3.02,19,424500,3.09
10/28/04,20000,3,98,161900,3.00
10/29/04,0,#N/A,,311800,3.00
11/1/04,25000,2.91,99,121000,2.91
11/2/04,14653,2.92,63,197500,2.88
11/3/04,24347,3,100,295100,2.98
11/4/04,22000,3.1,101,301600,3.30
11/5/04,24000,3.61,98,321100,3.62
11/8/04,20000,3.73,81,232000,3.74
11/9/04,0,#N/A,0,128600,3.60
11/10/04,0,#N/A,0,83000,3.35
11/11/04,0,#N/A,,66500,3.27
11/12/04,12900,3.4,78,136700,3.30
11/15/04,4600,3.51,36,141600,3.48
11/16/04,5000,3.55,45,104500,3.49
11/17/04,5000,3.54,47,82800,3.57
11/18/04,0,#N/A,,64800,3.59
11/19/04,5000,3.5,47,43700,3.51
11/22/04,2500,3.5,29,40200,3.47
11/23/04,6000,3.5,89,103800,3.57
11/24/04,6000,3.71,89,58400,3.66
11/26/04,6000,3.75,96,47800,3.75
11/29/04,5800,3.92,99,243800,3.98
11/30/04,2300,4,23,332600,3.90
12/1/04,15000,4.09,9,334400,3.90
12/2/04,20000,4.4,98,315000,4.39
12/3/04,20000,4.55,79,244400,4.59
12/6/04,29000,4.69,99,356900,4.69
12/7/04,0,#N/A,0,258500,4.65
12/8/04,0,#N/A,0,315200,4.72[ Reply to This | # ]
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- Thanks - Authored by: Anonymous on Saturday, December 11 2004 @ 11:22 AM EST
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| Authored by: Anonymous on Saturday, December 11 2004 @ 12:49 PM EST |
Does anyone know if they use an opensource webcasting software for their
conference calls? Wouldn't that be ironic?[ Reply to This | # ]
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| Authored by: tredman on Saturday, December 11 2004 @ 01:57 PM EST |
Specifically, we expect Q4 revenue of $10.8M, down
sequentially from $11.2M, and a loss of $0.18, better than the $0.36
loss reported last quarter, although earnings will likely be highly dependent
upon the accounting treatment of legal expenses during the quarter. --
Dion Cornett I'm sure that was Dion's nice way of saying
something that he couldn't, in his capacity, legally say. One day, when
the smoke clears and the guilty have been judged, a book is going to be written
that will be considered required geek reading material, just like Free
Culture and Cryptonomicon. I know it will sit proudly on my
bookshelf. Tim [ Reply to This | # ]
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| Authored by: rvergara on Saturday, December 11 2004 @ 07:38 PM EST |
PJ,
If given the opportunity, what would be your question to Darl?
Ramiro[ Reply to This | # ]
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