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Technology Stocks : SCO Group (SCOX)

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To: tonysee200x who wrote (192)5/11/2007 1:27:18 AM
From: Scott C. Lemon  Read Replies (1) of 239
 
Hello tonysee200x,

> Well you are persistent I have to give you that.

Yeah ... I just knocked out two more consulting deals, and $800 for the 1000 shares just seemed too good. WizzKid got me looking at the stock again.

Actually, I might even do another 1000 next week ... we'll see. :-)

> (According to Yahoo current high bid is $.78 so I am assuming
> this filled.)

Yep ... it hit the other morning ...

> By my calculations, that makes 13,000 shares at $18,800 or
> about $1.45 a share.

Yes ... that pretty close. I want to keep pushing that average price down. And at $800 a pop it's cheap to me.

I'm not hearing much on the Novell suit ... but I can't wait ... we're now getting closer and closer. Something is going to give ... and of course I'm just committed that there be a settlement. :-) (I know ... people screaming ... I'm just holding my lottery ticket!)

> From what I have read SCOX has 6 months to get the stock over
> $1.00 for 10 days. So I agree a September Novell trial should
> at least begin before the process goes to the next stage.

Yep ... and I also noticed that Novell's fiscal year ends Oct. 31st. So the lawsuit falls squarely into their last quarter of the year. I keep wondering what is going to occur as the pressure of dates gets closer to trial.

> Does anyone know what is the next stage of this process if
> the 6 months go by without the price recovering?

The response already was posted ... I was curious also. So it would be off to OTC land ... :-)

I'll let you know what I do next week!

Scott C. Lemon
the.inevitable.org
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