[oclug] Canadian LUGs and SCO
Milan Budimirovic
milan.budimirovic at sympatico.ca
Sat Jul 26 07:12:03 EDT 2003
Chris Herrnberger wrote:
>
> Not really. One issue that you missed in your review of Canopy is that
> SCO/Scaldera stock has gone from below one dollar to over ten. As the major
> shareholder their investment in SCO has just multiplied by a factor of 10. A
> good return in less then 0.5 years. Its really what all this crap is about.
> Nothing more. All they should care about now is the correct and timely exist
> strategy.
>
> Not that I agree with or condon any of this.
I would hope not. If SCO's execs are launching a frivolous lawsuit and
knowingly making false or exaggerated public claims about the strength
of their case in order to inflate their stock price artificially, that
would make them guilty of securities fraud.
Hypothetically speaking, of course.
:=)
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