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


To: Scott C. Lemon who wrote (230)2/13/2010 3:49:57 AM
From: CrazyPete  Respond to of 239
 
Good luck with that. I'm still sitting on a 96+% profit on my short. I have to admit, I thought 2009 was the year I'd have to report the gain on my taxes, but I can't complain.



To: Scott C. Lemon who wrote (230)3/1/2010 10:53:57 AM
From: tonysee200x  Read Replies (1) | Respond to of 239
 
>>>>I loaded up thousands of more shares at $.35/share ... we'll see if my lottery tickets are going to pay off ... :-)<<<<

Scott,
Hope you don't mind but I have been tracking when you report your purchases on these threads. I currently have you down for ~16,000 shares at about $19,650 or about $1.20 a share.

$19.5k is an expensive lottery ticket and I still don't see how it pays off in the end. SCO has so many hurdles to clear and after 7+years the closest they have come to progress is when through appeal they got the ruling that they can keep trying to jump over the first one.



To: Scott C. Lemon who wrote (230)6/10/2010 4:27:53 PM
From: tonysee200x  Read Replies (1) | Respond to of 239
 
Scott - Are you ready to tip your cap and say uncle on this one?

scofacts.org

FINDINGS OF FACT AND CONCLUSIONS OF LAW that Novells claim for declaratory judgment is GRANTED ; that SCOs claims for specific performance and breach of the implied covenant of good faith and fair dealing are DENIED. Signed by Judge Ted Stewart on 06/10/2010. (asp) (Entered: 06/10/2010)

"Based on all of the above, the Court finds that it was not the parties intent to transfer ownership of the UNIX and UnixWare copyrights to SCO. Rather, Novell purposefully retained those copyrights. The purpose for doing so was to protect its significant interest in the SVRX royalty stream, to alleviate concerns of SCO’s future financial viability, and because of the fact that SCO could not afford to purchase the entire UNIX business. The Court further finds that the copyrights are not required for SCO to exercise its rights with respect to the acquisition of UNIX and UnixWare technologies. SCO did not acquire the entire UNIX business from Novell, but only acquired the UnixWare business while Novell retained substantial rights in the UNIX business. The undisputed evidence is that SCO did not need the UNIX and UnixWare copyrights in order to operate its UnixWare product business. Further, ownership of the copyrights is not required for SCO to protect its own code. SCO did present evidence that the copyrights were required for SCO to operate its SCOsource licensing program. However, this was a business strategy
designed by SCO after the APA and its Amendments, not something that it acquired from Novell."