SCO Possibly Delisted from NASDAQ 366
canfirman writes "Reuters is reporting that SCO could be delisted from the NASDAQ because "it has not filed its annual 10-K report with the SEC". The company claims it's because "it is examining matters related to stock issued as part of its compensation plans". SCO Stock is sitting at $4.30 at opening today. It'll be interesing to see where it goes from here."
Gloating? (Score:3, Insightful)
While I'm no fan of SCO, particularly after their get-rich-quick plan to sue IBM and license code-which-may-or-may-not-be in Linux, this whole story seems little more than gloating and hardly worthy of a /. post. Is the news that slow today?
Re:requirements? (Score:5, Insightful)
Whilst I am not purporting to give legal advice, common sense dictates that if you own SCO stock, you should be on the horn to your lawyer jsut about.... now...
Re:Gloating? (Score:5, Insightful)
This isn't gloating, it's war. We can gloat when the litigious bastards are out of business completely.
Slashdot is read by zillions of people who can not only sell their SCO, but also advise others to do so. Slashdot is also read by all kinds of mainstream journalists who might not otherwise notice what SCO is up to. One could argue it's been a damned effective campaign so far. Were it not for
Re:Gloating? (Score:5, Insightful)
Well, TFA is a Reuters article pointing out that the SEC is considering de-listing a publically traded company because they are in arrears wrt the paper-work they are required to have on file.
This publically traded company is involved in lawsuits that affect several companies and technologies.
It's not as if it's a link to some guys blog -- clearly Reuters thinks it's worth mentioning.
If they go down. (Score:5, Insightful)
Re:Gloating? (Score:1, Insightful)
Re:Who's next? (Score:3, Insightful)
Instead of targetting specific companies, the needs of the community would
probably be better met by efforts to improve existing software and documentation. New software to cover existing gaps is good too. If our offerings
improve, then the community and its resources will grow too, giving us more
power to defend ourself later.
SCO was a good wake up call. Serious enough to make us aware of the dangers,
but weak enough that it couldn't actually harm us. The next danger might not
be so hollow.
Re:Gloating? (Score:5, Insightful)
I suspect that GrokLaw has quite a bit to do with it, too...
Not quite (Score:5, Insightful)
Re:Gloating? (Score:2, Insightful)
I don't ask my Lawyer how to install Linux, and I don't go to slashdot for legal opinions!
Re:Gloating? (Score:2, Insightful)
Re:Summing up the SCO vs IBM trial (Score:1, Insightful)