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Technology Stocks : Santa Cruz Operation (SCOC) Going Up? -- Ignore unavailable to you. Want to Upgrade?


To: Honor First who wrote (512)1/12/2000 1:43:00 PM
From: Tony Harper  Respond to of 656
 
Don't get too negative just yet. A lot can happen and it looks to me we still have a few tricks in the bag. Guiding exspectations even to lower and then beating those estimates is much better plan than just missing all together. A lot of sales could result from the new product releases. I'm hanging tough. (as if I have a choice) Tony

This is the whole press release!!

SCO to UNVEIL Commercial PRODUCTS for Linux Market; At LinuxWorld Expo, SCO Will Showcase its Latest Solutions For Bringing UNIX, Linux, and Windows Systems Closer Together
Business Wire - January 12, 2000 12:48
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Jan. 12, 2000--SCO (Nasdaq:SCOC) announced today that at LinuxWorld Expo it will introduce a portfolio of server products for the Linux market. LinuxWorld Expo will be held at Jacob Javits Convention Center on February 1-4.

"SCO has been working on Linux and Open Source initiatives for more than two years," said Mike Orr, senior vice president of worldwide Marketing at SCO. "At LinuxWorld Expo, we will showcase exciting new products and initiatives that will bring UNIX, Linux, and Windows Systems closer together, enabling solution providers to take better advantage of the worldwide network computing infrastructure."

About Linux and SCO Open Source

Over the last eight months, SCO has expanded its strategic business opportunities in the Linux and Open Source markets. SCO has announced an alliance and investment in LinuxMall.com and a strategic business relationship with TurboLinux. Most recently, SCO announced that it has taken an equity position in Caldera Systems, Inc. Last year, at SCO Forum1999, SCO announced a comprehensive set of Linux and Open Source-related professional services.

As a corporate sponsor of Linux International, SCO is a strong proponent of the Open Source movement, citing it as a driving force for innovation and business opportunities. SCO has contributed source code to the movement with lxrun and OpenSAR, and currently offers a free Open License Software Supplement CD that includes many Open Source technologies.

See www.sco.com/linux for more on SCO's Linux and Open Source activity.

About SCO

SCO is a global leader in server-based software for networked business computing. SCO is the world's number one provider of UNIX server operating systems, and the leading provider of network computing software that enables clients of all kinds - including PCs, graphical terminals, NCs, and other devices to have Webtop access to business-critical applications running on servers of all kinds. SCO designed Tarantella software, the world's first web-enabling software for network computing. SCO sells and supports its products through a worldwide network of distributors, resellers, systems integrators, and OEMs. For more information, see SCO's home page at www.sco.com.