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SCO News Roundup
The Courts
Posted by CowboyNeal on Tue Nov 18, '03 01:04 PM
from the everybody-else-is-scoing-it-why-can't-we dept.
Bootsy Collins managed to combine all of today's SCO stories. He writes "The firm of David Boies, SCO's attorney in charge of their Linux IP cases, has announced their compensation (so far) from SCO: $1 million USD in cash, and $8 million in SCO stock. Keeping that stock price high until they can sell is clearly of some importance to Boies, Schiller and Flexner LLP. Given the cost of selling a $50 million convertible note to fund their legal actions, the actual cost to SCO is more like $17 million USD. Meanwhile, SCO CEO Darl McBride is saying that Novell's purchase of SuSE violates a non-competition agreement reached when SCO bought the Unix source, and thus is legally actionable by SCO. Over at the Register, they've noticed that SCO's latest SEC filings indicate how firmly they're putting all their eggs in the legal basket: the filings effectively say that 'SCO has already lost business from its loyal customer base, and it expects to lose more.' And finally, in response to a poor response to SCO's attempts to get Fortune 1000 companies to pay $699/server for 'Linux licenses' before the fee jumped to $1399, SCO has announced that the $699 discount rate will apply to the end of 2003. Hurry before time runs out again."


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· Compare the best prices on: Software/Operating Systems
· announced their compensation
· selling a $50 million convertible note
· violates a non-competition agreement
· SCO has already lost business from its loyal customer base, and it expects to lose more.
· $699 discount rate will apply to the end of 2003
· More Caldera stories
· Also by CowboyNeal
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