Subject: SCO's Shell Game - Computerworld
From: Stanley Long (slong@customcpu.com)
Date: Tue Jul 29 2003 - 11:48:01 AKDT
SCO's Shell Game
By FRANK HAYES
Computerworld JULY 28, 2003
<http://www.computerworld.com/softwaretopics/os/linux/story/0,10801,83452,00.html>
... SCO said it's now in the Web services business thanks to its
acquisition of Vultus Inc.
... SCO has finally found a way to make money -- literally.
But every time SCO makes a new, wilder set of legal threats, speculators
bid up the price of SCO stock ...
So, what do you do when you have no real business but your stock price
keeps going up? We all learned that lesson during the dot-com bubble:
You use that stock as currency.
It turns out SCO didn't simply use stock to buy another company.
SCO printed up about $3 million in new stock. ...
... the stock was cashed out, ...
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