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Technology Stocks : SCO Group (SCOX) -- Ignore unavailable to you. Want to Upgrade?

To: tonysee200x who wrote (167)	3/9/2007 12:11:23 AM
From: Scott C. Lemon	Read Replies (2) \| Respond to of 239

Hello tonysee200x, > I know more about baseball then I do about the law. I am sure > you are correct about the Judge having the final say (or is > it really the jury if gets that far). I'm not sure, however I thought I heard it would not be a jury trial ... I might be wrong. > But I am not convinced that that this is just “a high-risk, > long shot investment” that you have no emotion invested in. It is at this point ... a fun game ... > To average 2000 shared at $3.50 down to $1.50 you would have > to buy 8000 shares at $1.00. So by the most conservative of > estimates this is a $15,000 investment that has recently more > then doubled in size. > > (2000 shares * $3.5)+(8000 shares * $1.0)= 10,000 shares at > $1.50 or a $15,000 investment. I'm actually in ~$18,000 ... you are not that far off. :-) > I have no idea what $15,000 means in your world and I know > money is valued differently by different people. But I have a > hard time buying into the “it's money that I am fully willing > to lose. No biggy” idea. -- Emotion seems to be involved, you > appear pretty determined to say you made money on this > investment. This is where I could be really off base, however the folks that I have been talking to seem to agree. Even if the case is lost, there will still be a cash value for SCOX and it's remaining assets. So if the stock fell to $0.75, then I loose ~$9000.00 ... @ $0.50 then I'm out ~$12,000.00 ... To me it's worth it since @ $2.00 or $3.00 on any good news I'm doing well ... and @$10.00 (I know ... no one believes it would ever happen) I'd be quite happy. > I agree this is a big hurdle for SCO to clear. But it is just > one of several hurdles. Yeah ... the shift of the IBM suit to come after the Novell suit, and then Novell working to put the financial squeeze on SCOX were a disappointment to me on the investment front. They are good legal moves ... but not exactly what I hoped to see to assist the stock price. :-) > Back to baseball, It is like the Sox are down by 5 in the > ninth inning. Winning this motion is like they scored a few > runs and have men on base. It keeps the game from ending, but > it does not mean they are going to win the game. Yeah ... I know. It's still a heck of legal game with some pretty heavy hitters involved. There are few lawsuits in the world that attract this type of attention and potential in either direction. Scott C. Lemon the.inevitable.org