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| Fred Skousen Leaving SCO's Board of Directors |
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Friday, May 27 2005 @ 12:52 AM EDT
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SCO has put out a press release saying that "K. Fred Skousen notified the board of directors that he will not stand for re-election as a director of SCO at its next annual meeting of stockholders, which is currently scheduled for June 28, 2005". Here's the 8K. They say they have two vacancies to fill:
SCO expects to fill Mr. Skousen's vacancy as well as an existing director vacancy with two nominees that have been identified and will stand for election at the next annual meeting. Details on the nominees will be provided in SCO's proxy materials to be distributed to stockholders for that meeting in the coming weeks. Here's the complete press release.
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The SCO Group Announces Changes to Board of Directors
Thursday May 26, 5:00 pm ET
LINDON, Utah, May 26 /PRNewswire-FirstCall/ -- The SCO Group, Inc. (Nasdaq: SCOX -News), the owner of the UNIX® operating system and a leading provider of UNIX-based solutions, today announced that on May 24, 2005 K. Fred Skousen notified the board of directors that he will not stand for re-election as a director of SCO at its next annual meeting of stockholders, which is currently scheduled for June 28, 2005. Mr. Skousen has served as a director since June 2003.
SCO expects to fill Mr. Skousen's vacancy as well as an existing director vacancy with two nominees that have been identified and will stand for election at the next annual meeting. Details on the nominees will be provided in SCO's proxy materials to be distributed to stockholders for that meeting in the coming weeks.
Forward-Looking Statements
This press release contains forward looking statements related to The SCO Group's anticipation that its 2005 annual meeting of stockholders will occur on June 28, 2005, and that it will fill two existing vacancies on its board of directors at that time with nominees that have been identified. 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 - News) 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 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.
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| Authored by: ravenII on Friday, May 27 2005 @ 01:10 AM EDT |
Or am I trying to be the first poster?
Anyway I think SCO will be a ship full of holes and a bunch of fools on the
ship.
---
"Snowflakes are one of nature's most fragile things,
but just look what they can do when they stick together."[ Reply to This | # ]
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| Authored by: Ben Hildred on Friday, May 27 2005 @ 01:38 AM EDT |
Hackish is a dielect of the english language with little if any similiarity to
the language used on the nine 'oclock news. The questions arise: Are we shure
they both are english? And, What is realy being said when a court case involving
hackers is mensioned on the news.
---
It's not chicken soup for the soul; it's more like peanut butter for the mind.
-- The Famous Brett Watson[ Reply to This | # ]
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| Authored by: alisonken1 on Friday, May 27 2005 @ 01:42 AM EDT |
Is it just me, or does the
" ...owner of the UNIX® operating system ..."
statement in the opening paragraph just not quite sit well with the
"UNIX is a registered trademark of The Open Group"
ending?
---
- Ken -
Slackin' since 1994 -
import std_disclaimer.py
[ Reply to This | # ]
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| Authored by: Anonymous on Friday, May 27 2005 @ 02:03 AM EDT |
| He was hired 6/2003, the lawsuit was launched on 3/2003.
Either he did not do
due diligence, or he knew what was up.
Forbes says (I think?) he was in charge
of Technology, software and programming.
Forbes
This says (more
correctly, I think?) he was a financial guy in charge of Sarbanes-Oxley.
S-O
[ Reply to This | # ]
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| Authored by: dmarker on Friday, May 27 2005 @ 03:24 AM EDT |
What has happened to Mr Yarro. He seems to have slipped beneath the radar.
Is there a reason for this (i.e. is it deliberate?) or is it just that with
Canopy having shifted out of the spolight, Yarro no longer has a song 'n dance
act worth following (keeping the spotlight on).
DSM
[ Reply to This | # ]
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| Authored by: muswell100 on Friday, May 27 2005 @ 03:34 AM EDT |
...Only experienced Chief Executives of Lame-Duck Companies or Captains of
Rapidly Sinking Ships need apply...[ Reply to This | # ]
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| Authored by: Anonymous on Friday, May 27 2005 @ 06:33 AM EDT |
Maybe SCOx will fill the board seats from the "ranks" of their legal
team. After-all, with the cap on legal, maybe they would not have to pay them
anything extra to sit on the board?
Any ideas as to which of SCOx's lawyers would be a good director?
[ Reply to This | # ]
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| Authored by: fudisbad on Friday, May 27 2005 @ 07:49 AM EDT |
Would someone like to buy a share in SCOX so you could attend the meeting? It's
also a good souvenir.
---
See my bio for copyright details re: this post.
Darl McBride, show your evidence![ Reply to This | # ]
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- Too many buy one share and the price will go up - Authored by: drichards1953 on Friday, May 27 2005 @ 10:09 AM EDT
- Sending PJ - Authored by: LocoYokel on Friday, May 27 2005 @ 10:53 AM EDT
- Sending PJ - Authored by: frk3 on Friday, May 27 2005 @ 01:02 PM EDT
- Sending PJ - Authored by: Anonymous on Friday, May 27 2005 @ 01:28 PM EDT
- Sending PJ - Authored by: GuyllFyre on Friday, May 27 2005 @ 02:13 PM EDT
- Sending PJ - Authored by: Anonymous on Friday, May 27 2005 @ 03:14 PM EDT
- Like Eminem - Authored by: Anonymous on Friday, May 27 2005 @ 04:22 PM EDT
- The Annual Bagholders' Meeting - Authored by: Peter H. Salus on Friday, May 27 2005 @ 10:16 AM EDT
- The Annual Bagholders' Meeting - Authored by: Hop on Friday, May 27 2005 @ 04:02 PM EDT
- I've already done that. - Authored by: Aladdin Sane on Friday, May 27 2005 @ 11:06 PM EDT
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| Authored by: Anonymous on Friday, May 27 2005 @ 08:50 AM EDT |
What forward-looking statements are there? That the meeting will take place
June 28. That they expect to fill the vacancies with nominees that have been
identified. That details on the nominees will be provided in the proxy
materials. What important factors could cause actual results to differ
materially from those anticipated? Perhaps other candidates could step forward
at the last minute. (Does their wording constitute an endorsement?) Or one of
their present nominees might become unavailable. Or, for the cynical among us,
the company might go into receivership between now and then. Or that their
proxy materials don't get provided. The company has a history of not submitting
required documentation on time.[ Reply to This | # ]
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| Authored by: Anonymous on Friday, May 27 2005 @ 09:06 AM EDT |
But that's one of the events I've been eagerly anticipating.
D. O'Mara[ Reply to This | # ]
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| Authored by: Anonymous on Friday, May 27 2005 @ 09:21 AM EDT |
Nearly 20 years ago, my job included the duty of seeing that annual reports and
proxy statements were mailed to the company's shareholders in advance of the
annual meeting. I do recall that items had to be mailed at least 40 days in
advance. 40 days prior to June 29 is May 20. Well, perhaps I remember the rules
incorrectly,[ Reply to This | # ]
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- Proxy Mailings - Authored by: Anonymous on Friday, May 27 2005 @ 11:31 AM EDT
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| Authored by: Anonymous on Friday, May 27 2005 @ 10:08 AM EDT |
Perhaps I haven't been paying attention, but this is the first reference I've
seen to the SCO business unit name called "SCO Global Services". The
reference says "SCO Global Services provides reliable localized support and
services to partners and customers."
Hmmm. I wonder where they came up with the name "[insert company name]
Global Services" ?? Sounds oddly familiar... oh, I see, they are
intimating that they are just like IBM, ie, as in "IBM Global
Services".
Well, I suppose it's just another way of trying to pretend that you're actually
in business and providing a service, rather than admitting that your actual
business is "being a professional plaintiff". [ Reply to This | # ]
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| Authored by: pooky on Friday, May 27 2005 @ 10:24 AM EDT |
Okay my interest is peaked here. This is the second press release with this
language in the About SCO section:
About SCO
The SCO
Group, Inc. (Nasdaq: SCOX - News) 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 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.
There is no longer any reference to the ownership of
the UNIX operating system listed here, why? They still have the "UNIX is a
registered trademark..." language there but no other reference to it.
Interesting...
-pooky ---
Many Bothans died to bring us this
information. [ Reply to This | # ]
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