Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (24382)	11/8/1999 8:52:00 AM
From: stan s.	Read Replies (2) of 108040

Hi Kimberly, SCOC, another possible play off MSFT news. Up a point (pre) on a 12 dollar stock. Naz is banging it's head on the top of a channel it's been in for quite awhile. Should be interesting. A little about SCOC. Santa Cruz Operation has embraced Linux as a way to gainfully employ its own Unix-savvy consultants. SCOC provides UNIX-based, open system software, enabling integration of technology and products from different vendors to create powerful network information systems. For the nine months ended 6/99, net revenue rose 34% to $165.5 million. Net income totalled $11.5 million vs. a loss of $17.3 million. Results reflect a positive trend in the business directly related to greater demand for server-based computing, strength abroad, higher margins and decreased S/G/A as a percentage of sales.

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