|
|
| SCO Says They Can Drop the E Thursday |
 |
|
Tuesday, April 19 2005 @ 10:43 PM EDT
|
SCO has put out a press release, that they will resume trading, without the E, as of Thursday. Here's the press release: Nasdaq Confirms That SCO Satisfies All Requirements for Continued Listing on
the Nasdaq SmallCap Market
LINDON, Utah, April 19 /PRNewswire-FirstCall/ -- The SCO Group, Inc.
("SCO") (Nasdaq: SCOX), the owner of the UNIX(R) operating system and a
leading provider of UNIX-based solutions, today announced that it has received
written confirmation from the Nasdaq Listing Qualifications Panel that it is
now in full compliance with the Nasdaq filing requirement and all other
requirements for continued listing. Accordingly, the company will resume
trading on The Nasdaq SmallCap Market under its ticker symbol "SCOX" when the
market opens on Thursday, April 21, 2005.
About SCO
The SCO Group, Inc. (Nasdaq: SCOX) helps millions of customers to grow
their businesses everyday. Headquartered in Lindon, Utah, SCO has a worldwide
network of thousands of resellers and 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.
|
|
|
|
| Authored by: Anonymous on Tuesday, April 19 2005 @ 11:10 PM EDT |
They still state that they own UNIX in the top part of description.
"The SCO Group, Inc. ("SCO") (Nasdaq: SCOX), the owner of the
UNIX(R) operating system"
The only thing removed that I can see is the part about the licensing. I gues
SCO-source isn't going to well...[ Reply to This | # ]
|
| |
| Authored by: chaz_paw on Tuesday, April 19 2005 @ 11:11 PM EDT |
Haven't SCOX{E} changed the wording from time to time? This appears to be the
most radical so far.
---
Proud SuSE user since 07/26/04
Charles[ Reply to This | # ]
|
- SCOXexE ? (N/T) - Authored by: Anonymous on Wednesday, April 20 2005 @ 12:37 AM EDT
| |
| Authored by: darksepulcher on Tuesday, April 19 2005 @ 11:19 PM EDT |
Just to make PJ's life a touch easier.
---
Had I but time--As this fell Sergeant, Death
Is strict in his arrest--O, I could tell you--
But let it be.
(Hamlet, Act V Scene 2)
[ Reply to This | # ]
|
| |
| Authored by: Anonymous on Tuesday, April 19 2005 @ 11:21 PM EDT |
I thought the whole thing started because scoxe never registerd the shares that
scoxe sold to baystar. I thought that was the reason that baystar stopped
selling. How can the Naz give scoxe an "all clear" with such a
blantant violation hanging over scoxe?
Is there any penalty for scoxe not filing the S-3? Can scoxe just wait forever
to file the S-1?
[ Reply to This | # ]
|
| |
| Authored by: darksepulcher on Tuesday, April 19 2005 @ 11:23 PM EDT |
And if you provide a link, please try to make it clickable.
Example <a href="http://www.example.com"> Link Text</a>
And makes sure to post in HTML mode. Thanks.
---
Had I but time--As this fell Sergeant, Death
Is strict in his arrest--O, I could tell you--
But let it be.
(Hamlet, Act V Scene 2)
[ Reply to This | # ]
|
- Off topic and off the beaten path - Authored by: Anonymous on Tuesday, April 19 2005 @ 11:41 PM EDT
- Vendor Lockin - Authored by: SpaceLifeForm on Wednesday, April 20 2005 @ 12:07 AM EDT
- " The argument against software patents" - Authored by: Anonymous on Wednesday, April 20 2005 @ 12:53 AM EDT
- "Adobe's Macromedia Acquisition Might Not Be a Trend" - Authored by: Anonymous on Wednesday, April 20 2005 @ 01:05 AM EDT
- Microsoft is controlling the debate .. ZDNet blog - Authored by: cheros on Wednesday, April 20 2005 @ 03:18 AM EDT
- Microsoft's new add campaign starts - done on a MAC. - Authored by: Anonymous on Wednesday, April 20 2005 @ 10:09 AM EDT
- "Red Hat exec criticizes software patents, Microsoft" - Authored by: Anonymous on Wednesday, April 20 2005 @ 10:21 AM EDT
- OT - Linunx World on Bitkeeper - Authored by: rsteinmetz70112 on Wednesday, April 20 2005 @ 10:55 AM EDT
- "Will Sony Have to Stop Selling PlayStations?" - Authored by: Anonymous on Wednesday, April 20 2005 @ 11:04 AM EDT
- MS patents E-911 service - Authored by: SpaceLifeForm on Wednesday, April 20 2005 @ 11:06 AM EDT
- SCO List the GPL on their web site - Authored by: DBLR on Wednesday, April 20 2005 @ 12:44 PM EDT
- Off Topic - Hardware advice for anyone buying. - Authored by: Anonymous on Wednesday, April 20 2005 @ 01:56 PM EDT
| |
| Authored by: tbogart on Tuesday, April 19 2005 @ 11:23 PM EDT |
" Are they not the owners of UNIX any more?"
Well, it is a little hard to say, but above where you started marking in red,
they state "The SCO Group, Inc. ("SCO") (Nasdaq: SCOX), the owner
of the UNIX(R) operating system and a leading provider of UNIX-based solutions,
today announced ..."
Since you don't quote the beginning of the press release from the older
instance, it is difficult to tell if they just moved the wording around a bit.
(Nor did it seem to be in the referenced article)
But the 4000 developers jumped out at me. I thought we have been over the whole
staffing thing several time in comments. They are down to a couple of hundred
staff but still have 4000 developers?[ Reply to This | # ]
|
| |
| Authored by: Anonymous on Tuesday, April 19 2005 @ 11:33 PM EDT |
... time to pack it in. Obviously, this development is going to strengthen
SCOG such that IBM would be foolish to do anything but fork over the US$5B
and the rest of us had better get started installing the latest Microsoft
operating system on our systems plus vite or else show that we have a
cancelled check written to SCOG for US$699. :-D
Boy, oh boy... Darl's
sure going to be feeling his oats now that he can say that he beat the delisting
move by NASDAQ. Expect him to be particularly obnoxious in the near future. (At
least until they get the tail kicked in the next round of courtroom
proceedings.)
[ Reply to This | # ]
|
- Okay, PJ... - Authored by: PJ on Tuesday, April 19 2005 @ 11:39 PM EDT
- Okay, PJ... - Authored by: JimH on Wednesday, April 20 2005 @ 12:51 AM EDT
- Okay, PJ... - Authored by: johan on Wednesday, April 20 2005 @ 01:25 AM EDT
- Agree - Authored by: Anonymous on Wednesday, April 20 2005 @ 08:02 AM EDT
- Okay, PJ... - Authored by: inode_buddha on Wednesday, April 20 2005 @ 02:41 AM EDT
- Well... - Authored by: Anonymous on Tuesday, April 19 2005 @ 11:44 PM EDT
- Be careful about satire . . . - Authored by: Anonymous on Wednesday, April 20 2005 @ 09:00 AM EDT
| |
| Authored by: Anonymous on Tuesday, April 19 2005 @ 11:37 PM EDT |
Aw man :) when they were talking about Dropping the E ;) I was thinking that
maybe SCO would finally drop some Evidence into the case. I guess that means
that SCOX has no E.[ Reply to This | # ]
|
| |
| Authored by: Anonymous on Wednesday, April 20 2005 @ 12:18 AM EDT |
| You mean Darl isn't hallucinating enough already? [ Reply to This | # ]
|
| |
| Authored by: david_koontz on Wednesday, April 20 2005 @ 12:22 AM EDT |
About SCO
The SCO Group, Inc. (Nasdaq: SCOX) helps millions of
customers to grow their businesses everyday. ...
Is this hyberbole, or
are they talking about helping someone else's customers grow their businesses?
I'd be hard pressed to imagine million(s) of businesses using Linux and Unix
combined personally. IT
Facts - "On a worldwide basis the number of Linux-owning SMBs is projected
to rise from 1.2 mln to 2.7 mln businesses..." Through 2007 if I'm not
mistaken. Ya, the number of OS seats is a lot higher than that.
[ Reply to This | # ]
|
| |
| Authored by: Anonymous on Wednesday, April 20 2005 @ 12:56 AM EDT |
This is good news for SCO, here's to hoping that is all the good news they will
have to crow about on Thursday.[ Reply to This | # ]
|
| |
| Authored by: Anonymous on Wednesday, April 20 2005 @ 07:54 AM EDT |
Can I come back in 6 months to see if any progress has been made?
The press release is unregulated BS and meaningless. To analyze subtleties in
it is a waste of time. The subject of it, the removal of the "E,"
while important in some respects in regards to trading, in this case is also
meaningless as the existing institutional holders of the stock are pretty much
staying put regardless of the E and otherwise the stock is too thinly traded to
make a difference.[ Reply to This | # ]
|
| |
| Authored by: Anonymous on Wednesday, April 20 2005 @ 09:28 AM EDT |
| If you search the 8K's of every other company that went through the NASDAQ
delisting appeal process, they all file 8K's listing the obligations that NASDAQ
imposed upon them. These obligations always are more stringent than just filing
the currently delinquent paperwork, typically requiring that future financial
filings over the next year be filed on time.
One can only interpret the
removal of the 'E' at the end of SCOXE to mean that the NASDAQ board has, in
fact, ruled. The fact that SCO has not filed an 8K is, to me, bordering on
fraud.
I note that Dion Cornett's analyst asked SCO about obligations NASDAQ
imposed, but Mr Young pretty much dodged the question. Quoting from the
exceptional Groklaw transcript of the CC:
Gilman: OK,
right. And one last question, because, I know other people have questions, what
conditions may NASDAQ impose upon you to remain
listed?
Young: Well, there's a number of requirements to
maintain a listing on any of the stock exchanges, right? So there's a long list
of NASDAQ requirements. We meet all of those requirements except we did not file
our 10K on time. . .
Examples of other companies reporting NASDAQ
appeal board hearing results are:
AZPN Aspen
Technolgies
PRSF
Portal Software
PGTV Pegasus
Communications
Thad Beier
[ Reply to This | # ]
|
| |
| Authored by: Anonymous on Wednesday, April 20 2005 @ 10:07 AM EDT |
LINDON, Utah, April 19 /PRNewswire-FirstCall/ -- The SCO Group, Inc. ("SCO")
(Nasdaq: SCOX), the owner of the UNIX(R: The Open Group. Used without
permission) operating system (but not the actual trademark. But we're
thinking about sueing them, too), and all products with an "X" in their names,
and any product using any letter derived from "X", and we haven't decided what
else, yet, and a leading provider of UNIX-based solutions, today announced that
it has received written confirmation from the Nasdaq Listing Qualifications
Panel that it is now in full compliance with the Nasdaq filing requirement and
all other requirements for continued listing. Accordingly, the company will
resume trading on The Nasdaq SmallCap Market under its ticker symbol "SCOX" when
the market opens on Thursday, April 21, 2005.
About SCO
The SCO Group, Inc. (Nasdaq: SCOX) helps millions of customers, many of which
have not yet been sued, many of which have grown their business and moved on to
more effecient operations (at which point, then they get sued).
Headquartered in Lindon, Utah, SCO has a worldwide network of thousands of
resellers, which occasionally manage to sell a new product, and millions of
former developers (if you count all of the developers who've never worked for
us, but whose work we are now trying to "monetize"). 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. For
more information on which of our customers we're sueing, visit
http://www.groklaw.net. For more information on which of our cases we are
winning, vist about:blank.
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, for now. All
other brand or product names are or may be trademarks of, and are used to
identify products or services of, their respective owners.
[ Reply to This | # ]
|
| |
| Authored by: blacklight on Wednesday, April 20 2005 @ 10:33 AM EDT |
Well, I think of this episode as a "dry-run" for the real thing: given
the way SCOG's finances are going, it's only a matter of time (a year, two
years?) before they will be sporting that letter "E" again and join
the elite group of companies that have been delisted - and this time, for good.
In the meantime, we thank SCOG for walking us through NASDAQ's stock delisting
procedures using themselves as an example.
[ Reply to This | # ]
|
| |
| Authored by: hardcode57 on Wednesday, April 20 2005 @ 11:08 AM EDT |
| Dropping 'E' is the only explanation for their behaviour. [ Reply to This | # ]
|
| |
| Authored by: Anonymous on Wednesday, April 20 2005 @ 11:15 AM EDT |
But SCO has helped millions grow their businesses... by showing there is no
copyright or code infringement, thereby easing the fears of businesses that
adopt Linux to cut operating cost.
Distro junkie since 2001 (ish).[ Reply to This | # ]
|
| |
| Authored by: pooky on Wednesday, April 20 2005 @ 12:19 PM EDT |
...Just what they have to do to correct the problem that caused this whole
delisting fracas to begin with. I haven't seen anything yet on resolving this,
if I've missed it please someone point me there.
I want to know how much of their cash they will have to spend to buy back the
inappropriately issued shares.
-pooky
---
If at First You Don't Succeed, Skydiving Isn't for You.[ Reply to This | # ]
|
| |
| Authored by: DBLR on Wednesday, April 20 2005 @ 12:41 PM EDT |
| SCO has posted the GNU
License
on there web site. Does anybody know why?
Charles
---
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is
a well-armed lamb contesting the vote."
Benjamin Franklin.
[ Reply to This | # ]
|
| |
| Authored by: Anonymous on Wednesday, April 20 2005 @ 03:32 PM EDT |
Er... I mean, have TSCOG filed any last minute overlength memos that they want
to discuss at tomorrow's hearing so that IBM will have to request additional
time to review?
"IBM is stalling, your Honor. They are merely trying to further delay
court re-ordered discovery they have withheld for 25,000 man years. We gave them
more than 13 minutes to review this submission, that ought to be enough time for
anyone!"[ Reply to This | # ]
|
| |
| Authored by: Anonymous on Wednesday, April 20 2005 @ 05:27 PM EDT |
| Can't wait to short SCOX. Should make a load of money... [ Reply to This | # ]
|
| |
| Authored by: tiger99 on Wednesday, April 20 2005 @ 06:42 PM EDT |
| Some might have expected the share price to rise noticeably following this
announcement, but no such thing has happened. However, the volume has shot
through the roof. Very interesting, but not apparently very logical. Unless of
course those with good sense are dumping shares that soon will be worthless
while they can, so that has counteracted any tendency to peak. But tomorrow
the E should go officially, we shall see what happens then..... [ Reply to This | # ]
|
| |
| Authored by: Anonymous on Wednesday, April 20 2005 @ 07:07 PM EDT |
| Notice the change in the About SCO section compared to earlier versions:
New
one says:
The SCO Group, Inc. (Nasdaq: SCOX) helps millions of customers to
grow their businesses everyday. Headquartered in Lindon, Utah, SCO has a
worldwide network of thousands of resellers and 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.
Old
one said (from The SCO Group to Retire All Shares of Series A-1 Convertible
Preferred Stock
Tuesday June 1, 3:46 pm ET):
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
and services to all partners and customers. For more information on SCO products
and services visit http://www.sco.com. [ Reply to This | # ]
|
|
|
|
|
