Message ID: 10420
Posted By: walterbyrd
Posted On: 2003-06-02 16:54:00
Subject: SCO stock scam theory:
from linuxtoday.com:
http://linuxtoday.com/news_story.php3?ltsn=2003-05-17-002-26-OP-CD-LL-0052
-------------------------------------------
I would tend to believe with
the SCO stock scam theory:
3 yearly and 150 day share price:
http://www.wsrn.com/apps/charts/index.xpl?s=SCOX&data=D
Note the price jump after Feb 18th then SCO started talking about recovering
revenue from IP rights, and again on March 7th when SCO announced it was suing IBM.
There have also been reports of SCO making a filing that would allow offloading
of SCO stock by two major shareholders (presumably Ralph Yarro and Ray Noorda):
Insider ownership is 68.01%
http://mon eycentral.msn.com/in vestor/invsub/owners
hip/ownership.asp?Sy mbol=SCOX
Chairman Ralph Yarro and former director
Ray Noorda share control of 46% of the company through The Canopy Group, a venture
capital firm
http://moneycentral.msn.com/investor/research/profile.asp?Symbol=SCOX
'SCO Group warned in a regulatory filing that its billion-dollar lawsuit
alleging that IBM misappropriated trade secrets will be costly and could alienate
others in the computing industry.
"Unintended consequences of our lawsuit against
IBM may adversely affect our business," the seller of Unix and Linux products warned
last week in a regulatory filing that permits two major shareholders to sell all
their stock.'
ref: http://news.zdnet.co.uk/story/0,,t269-s2132758,00.html
SCO Chief Financial Officer sold off 7,000 and later 4,100 of his 245,000
SCO shares after the price jump.
ref: http://zdnet.com.com/2102-1104-992345.html
http://moneycentral.msn.com/investor/invsub/insider/trans.asp?Symbo l=SCOX
http://mon
eycentral.msn.com/in vestor/invsub/inside r/planned.asp?Symbol =SCOX
So you have an ailing company which is making heavy losses, 68% of shares are
owned by insiders, it launches a bizarre lawsuit preceded strangely by a media PR
offensive, and makes an SEC filing to allow insiders to sell shares. Instead of
fighting the lawsuit in court and maintaining it's customer base, it mounts a media
offensive which will lose SCO it's customer base and offend most of it's partners,
the purpose of which can only sensibly be to push up share prices. Even more bizzarely
SCO launches a media attack on other Linux distros and suspends it's own Linux distro
without even filing a lawsuit against the other Linux distros. This is all very
strange if you actually intend to extract IP revenue from lawsuits, but perfectly
sensible if it is all just a scam to push up share prices. To top that SCO's chief
financial officer is busy offloading his shares. Now all of this looks to me suspiciously
like the rats are preparing to desert a sinking ship.
Message ID: 11971
Posted By: walterbyrd
Posted On: 2003-06-09 13:44:00
Subject: why the press seems to favor SCOX?
Simple, credible writers will
not touch SCOX NDA with a ten foot pole. They see the NDA for the scam that it is.
Consider this:
----------------------------
Dan Ravicher, an attorney
who specializes in free software and open-source issues at the firm of Patterson,
Belknap, Webb & Tyler, said in an interview there are three key problems with the
NDA. First, Ravicher said, "SCO can pick and choose among all its evidence" to show
only the parts that back up the company's claims. "They're agreeing to let you see
the half of the picture that they want you to see", he added.
Second, the
NDA does not exclude information that the recipient obtained in ways other than
from SCO. If SCO showed a patent or other public document to someone bound by the
NDA, that person would not be allowed to discuss it even if he or she had been previously
aware of it, Ravicher said. "The definition of confidential information is much
larger than I've seen in any other agreement", Ravicher said. "It covers a lot of
stuff that wouldn't be, by a textbook definition, confidential."
Finally,
the NDA requires any dispute to be settled in the state of Utah, which could be
"pretty onerous" for people outside the state. "They could sue me and make me go
to Utah to prove I didn't disclose confidential information", Ravicher said.
----------------------------
http://www.linuxjournal.com/article.php?sid=6923&mode=thread&order=0
Message ID: 12019
Posted By: walterbyrd
Posted On: 2003-06-09 22:16:00
Subject: excellent article about scox scam.
http://osnews.com/story.php?news_id=3752
Message ID: 19888
Posted By: walterbyrd
Posted On: 2003-07-21 10:25:00
Subject: great post from desktoplinux.com
SCO/McBride is a cancer that manipulates
the media for profit.
It all started with
"I've got a secret, and its going
to hurt you."
Like that should have any legal standing.
How ominous. And then
they'll take you to court, and never mind why.
Show cause? Ha!
I should
try it.
Me: "I'm suing you for damages."
U: "Really. What was damaged?"
Me: "Never mind. I'm gonna sue. Send money, acknowledge your guilt. My lawyers have
you in their sights."
U: "How were you damaged by me?"
Me: "I refuse to tell
you unless you give me money and sign an NDA."
U: "How can you sue me when you
refuse to say what for?"
Me: "For damages. Send money, or be sued."
U: "Get
lost, son of a wombat."
Me: "Ad hominem attacks won't stop me from suing you.
You are now on notice."
U: "But you haven't said why."
Me: "Irrelevent. I've
got a secret. And now you have three options:
... pay me license fee
... pay
me for signing an NDA
... pay me when I sue your butt."
U: "I feel trapped,
I can't risk trouble. Here's some money..."
Some companies will pay money.
And pSyChO will happily soak it up. This is a perfect example of needing no legal
position to use threats and intimidation to extort money. Pumping fear/FUD is a
low cost investment. These guys should be considered economic terrorists and spend
some time in Gautanomo Bay.
But then, I have no patience for scumming scammers.
Prediction:
-- SCO soaks up millions from cowed companies.
-- SCO
never actually sues anyone.
-- Another scam is cooked up later.
Message ID: 20943
Posted By: walterbyrd
Posted On: 2003-07-24 11:21:00
Subject: Utah = Scam Capital of America?
If so, it's news to me. I have been
googling for Mormon investment scams and other Mormon illegal activities. It seems
to be a rich tradition going back over a century. But usually, Mormons rip off other
Mormons.
I found this, but it is from "watchman.og" so take it for what
it's worth. Still it does cite a lot specifics.
http://www.watchman.org/lds/scamlds.htm
Message ID: 21671
Posted By: walterbyrd
Posted On: 2003-07-28 10:10:00
Subject: Linux resellers dismiss SCO licensing
http://www.linuxworld.com.au/index.php?id=658054270&fp=2&fpid=1
Is scox's little scam working? I suppose it is to some degree. scox share price
up sharply on no news, as canopy companies trade between one another.
Message ID: 23399
Posted By: walterbyrd
Posted On: 2003-08-04 22:33:00
Subject: eweek slams the scox/sunw scam
>> McNealy compared the Linux community
to Napster's MP3 swashbucklers and referred darkly to the copyright liability dangers
of opting for the open-source "lifestyle."<<
McNealy is parroting McBride
here. Should be no surprise to anybody who can see through their little scam.
>> There's no free lunch here. Sun can't placate SCO and also respect the intellectual
property rights of the Linux kernel developers. If there's to be a Sun Linux, then
it will carry the same phantom taint as Red Hat Linux or SuSE Linux or SCO's own
UnitedLinux offering.<<
http://www.eweek.com/article2/0,3959,1209873,00.asp
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