SCO Wants Summary Ruling, Wants To Appeal Unix Ownership Decision 111
An anonymous reader writes "SCO is asking the court to enter a final judgment on the Unix ownership issues so that it can seek an immediate appeal. The logic for this, according to Groklaw Editor Pamela Jones, is that SCO would rather appeal right away so it can try all its claims at IBM, should it successfully appeal the judge's order. 'Otherwise, SCO has to wait until Novell goes through trial to a verdict and then appeal, and while it is in the appeal process, IBM would go forward in its now much smaller version, based on the August 10th ruling ... The trial starts, though, in less than a month and it will last less than a week, so none of this makes any sense if you look at a calendar. I think, therefore, it must be about FUD, so it sounds like SCO is on the move again.' The text of the request is available online. "
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Stick a Fork In Them (Score:5, Interesting)
You can tell how much each of their moves is worth by watching their stock. Lose the Unix case, your stock drops from $1.56 to $0.44. Make a shill appeal and win back 16 cents. Laughable at best.
Annoying? Yes. Something to worry about? Not at all in my opinion.
These have been considered junk stocks for awhile. Now they're simply laughable junk stocks. Expect to see them in your spam e-mails with scams claiming they'll be opening at a nickel and closing at a dime.
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hehehe.. I like the thought of them being de-listed
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Another problem that plagues a lot of penny stocks is a lack of liquidity with the brokerage firms.
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I guess this means it's too late to sell and make a few bucks?
Yes, that was a joke
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You can tell how much each of their moves is worth by watching their stock. Lose the Unix case, your stock drops from $1.56 to $0.44. Make a shill appeal and win back 16 cents. Laughable at best.
SCO is the perfect example of how the stock market makes no sense. After t
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Las Vegas is proof that people think slot machines have value. It's speculation, not a value investment.
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Las Vegas is not in the same business as Indian and other local casinos and lotteries. They are in the gambling business, while we are in the fantasy business.
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People play there trying to win; people come here (typically) knowing how much they will lose (with a hope to beat the odds). They get off the plane or climb out of the car, and for however many days, they're in a fantasy world.
The best example may be the guys that would never step foot in a bimbo joint, but
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Does that make any rational sense? It doesn't to me, yet there appear to be many people out there who still think that SCOX has value.
Actually, for those who bought at $0.44/share, their investment is worth $0.68/share now-- a 54.5% increase in value, in about a week. There are lots of investors who buy when they think the stock is at its lowest possible value (short term or long term). Yes, they're taking a risk, but whether they think SCOX "has value" is irrelevant. I think history tells us that S
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So who do you imagine thinks SCO has any value?
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Re: delisting (Score:2)
Also this is the least of SCO's worries. Quite a few companies have been delisted, at least temporarily, and survived. It doesn't change their finances in any direct way.
The real problem is, SCO may wind up owing Novell the money they obtained from selling licenses to Sun and Microsoft - money they no longer have. Then they are bankrupt.
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Holy shit! It's going up!!
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Really, they stop taking you seriously if you go under $1 a share. You might not be delisted, but "penny stocks" are rarely given serious consideration by anybody but fools and scammers.
Chris Mattern
Your Ideas Intrigue Me & I Wish to SUBSCRIBE (Score:5, Funny)
As for my limp wrists, I'm quite sensitive about that and I would appreciate it if you left that out of the conversation. I had a freak teapot lifting accident when I was 8 and ever since then, I haven't been able to lift my knuckles above my ulnae & radii. Go ahead and laugh, all the kids did, I've learned to deal with it and push on. Oftentimes when I look in the mirror I see a fat, slower, stupider Lance Armstrong looking back at me. If Lance beat cancer, I can with God's help beat this horrible limp wrist affliction. Don't even get me started on the birthmark on my nose.
So tell me, oh valued Anonymous Coward, what did you add to the conversation with your comment?
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Settlement (Score:3, Insightful)
Re:Settlement (Score:4, Insightful)
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You wouldn't have to do anything!
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Comment removed (Score:5, Insightful)
Patents? (Score:1)
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IBM dropped their patent counterclaims (Score:4, Informative)
"I believe that IBM picked four of it's patents and used them as part of their counter claims. Not entirely sure what became of that part of the case however."
IBM dropped their patent counterclaims some time ago.
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Steve Stites
Wrong, ill tell you what SCO want (Score:4, Funny)
Re:Wrong, ill tell you what SCO want (Score:5, Funny)
Re:Wrong, ill tell you what SCO want (Score:5, Funny)
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Re:Wrong, ill tell you what SCO want (Score:5, Funny)
The fact that you never hear from the people who survive an Amish beat down is proof of just how brutal they really are.
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Strong arms from "butter churning".
Is that what they call it these days?
I guess all those one handed surfers are Amish.
Amish update. . . (Score:1)
Those calluses chafed, though.
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Easy access to buggy whips close at hand. Ever try to find a buggy whip at Walmart???
Mormon != Amish (Score:2)
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how would that be called ? mormonia ? mormoland ?
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Last I checked, they simply called it "Utah".
Chris Mattern
Ruling (Score:5, Funny)
Judge: Fine. In summary, shut the fuck up.
Re:Ruling (Score:5, Funny)
Judge: Fine. Your tie is ugly, too.
"Dead Cat Bounce" (Score:3, Insightful)
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Metaphor?
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"Even a dead cat dropped off a roof will bounce a little" The stock will bounce up a little bit with the announcement and the investors will have a chance to mitigate their losses slightly. Yawn. /sbin/shutdown -h now
Problem with that is that you know these clowns will surface again, buy some formerly well reputed company with a shaky claim against some cash-rich company, and try the same basic shakedown.
So it's more like: /sbin/shutdown -r now
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I thought Darl & his buddies were just scammin up all the bonuses they could sink their claws into just to not have to actually go to work again.
It'd be funny if all their bonuses were in SCOX stock with a contract to not sell before the legal system was through chewing them up & spitting them out...
Oblig. LOTR quote (Score:2)
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Of course, they have no choice (Score:5, Insightful)
Did anyone really think they wouldn't?
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[Matthias is about to be stoned to death]
Matthias: Look, I don't think it ought to be blasphemy, just saying "Jehovah".
[Everyone gasps]
Jewish Official: You're only making it worse for yourself!
Matthias: Making it worse?! How can it be worse?! Jehovah! Jehovah! Jehovah!
(Shamelessly stolen from Life of Brian [wikiquote.org])
Sorry, you just reminded me of that scene and I agree with both you and Matthias. You might as well appeal that death sentence/court judgement. As is now, they'll almost certainly burn. A small chance of success on appeal sure, but they might as well. Appealing is unlikely to land them in jail after all.
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Nerves, money for lawyers, come to mind as first.
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OTOH:
Dignity -- Always a little left to loose.
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This is SCO stalling for time...again (Score:5, Interesting)
SCO knows their appeal has about as much chance as being stuck in a snowstorm on sunny July day in downtown Dallas. This is SCO trying to get the trial date pushed back far enough they can suck as much cash value out of the company as possible before filing for bankruptcy protection.
If they lose now they'll leave behind a chunk of cash.
Hopefully the appeals court opts not to review the case and SCO is dead by Christmas. What a nice present that would be for the holidays.
Stalling for time? (Score:1)
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the question was given the PSJ filings what is left in the TSCOG V IBM case (since the matter has overlap)
IBM : Nothing left
TSCOG: the Dog ate my homework
i would expect a PSJ filing in the IBM case oh say friday at 05:00 EDT so whats the line on SCOX being delisted by next tuesday (i would bet on a STOP TRADE order by 03:00 on next monday)?
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All I want for Christmas is Darl's two front teeth.
SCO's lawyers should stop bilking SCO (Score:2)
The Gift of the SCO Lawsuit (Score:5, Funny)
If this is granted (Score:3, Funny)
I, for one, (Score:1)
Bet you thought I was going to say something else, huh?... Gotcha.
Anyway, if nothing else, they are tenacious. A rather virtuous trait in most instances. Forget all that crap about dignity and credibility. This is about money. And somebody's doing pretty well for for it. So get some more popcorn, sit back, and enjoy the show. This is what IP law is all about. I'm not sure what else you could expect, but this is what you get from it.
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Timing (Score:2)
What do SCO execs do all day? (Score:2)
If they didn't appeal, I guess the people still on staff would have to go out and get new jobs. That seems inevitable, but I guess they want to put it off.
It must be a really strange place to work now.
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If I had a job that paid well and required little, I'd enjoy the paycheck "all day".
If I'm not personally breaking any laws, what do I care what happens to the company?
Companies are expendable.
a good bargain (Score:2)
It's time to start framing the certificates and moving
them on eBay for $10 each !
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It's buried somewhere in the original post announcing SCO's losing - go and get me all the comments and I'll show you it in there somewhere. Obviously, it's just a couple of lines...
Best. Tag. Ever. (Score:2)
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I better call my broker (Score:1)
yeah and I would like to appeal my ownership of... (Score:2)
If SCO can convince a court that they own UNIX, then I can convince a court that I own Microsoft.
I once decided that I owned Microsoft.
Bring out your dead! (Score:4, Funny)
Nasdaq: What?
Groklaw: Nothing. Here's your ninepence.
SCO: I'm not dead!
Nasdaq: 'Ere. He says he's not dead!
Groklaw: Yes, he is.
SCO: I'm not!
Nasdaq: He isn't?
Groklaw: Well, he will be soon. He's very ill.
SCO: I'm getting better!
Groklaw: No, you're not. You'll be stone dead in a moment.
SCO response (Score:1)
NOW IBM might finally have a reason... (Score:1)
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No, IBM's best course of action is to keep going and eventually the court will judge in favour of IBM and award IBM anything remaining from the dust which is SCO. It is likely however that Novell will claim all remaining assets first, so IBM will not be able to recover the many millions it spent in legal fees (and the cost of the time spent answering discovery requests and so o
SCO wins? (Score:1)
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If you look closely, you will see that SCO is making all kinds of allegations. But it's not saying "Linux violates our patent number X,YZT,ABC" or "Linux contains code that we hold copyright to". It's saying, "other companies violated their contracts with us".
These kinds of claims have no effect on innocent third parties, unlike patent and copyright clai