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Technology Stocks : SCO Group (SCOX)

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To: wizzkid who wrote (188)5/2/2007 12:44:59 AM
From: Scott C. Lemon  Read Replies (1) of 239
 
Hello wizzkid,

Thanks for the update! I have been too busy to watch the stock daily ... although I was looking for a good opportunity to buy a little more with some spare cash.

Based on your input, maybe I'll place a buy at $.75 for my next 1000 shares ...

There still appears to be a sizeable short position against the stock ... ~2mm shares? I'm wondering if some of the longs also hedged their bets by shorting ... boxing their investments?

The shareholder meeting was interesting. The basic procedural stuff, and then a good presentation of the ongoing business. Some of the mobile/cellular Me, Inc. stuff is looking very good.

I guess the Novell court date is looking like mid-September, and we'll see if the judge makes any rulings on things before then.

Anyhow ... glad to see you in a happy mood!

Scott C. Lemon
the.inevitable.org
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