SCO Possibly Delisted from NASDAQ

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."

Summing up the SCO vs IBM trial

[robyannetta]

Judge (to SCO): Where's your evidence?

SCO Lawyer: Ladies and gentlemen of this supposed jury, I have one final thing I want you to consider: Ladies and gentlemen, this is Chewbacca. Chewbacca is a Wookiee from the planet Kashyyyk...

Judge: Wait a minute! I'm not going to let you use the Chewbacca defense. This is a carny-like head game from the television show South Park.

SCO Lawyer: But Chewbacca lives on the planet Endor. Now, think about that. That does not make sense! Why would a Wookiee--an eight foot tall Wookiee--want to live on Endor with a bunch of two foot tall Ewoks? That does not make sense! But more important, you have to ask yourself, what does this have to do with this case? Nothing. Ladies and gentlemen, it has nothing to do with this case! It does not make sense! "Look at me, I'm a lawyer defending SCO, and I'm talkin' about Chewbacca. Does that make sense? Ladies and gentlemen, I am not making any sense. None of this makes sense! And so you have to remember, when you're in that jury room deliberating and conjugating the Emancipation Proclamation... does it make sense? No! Ladies and gentlemen of this supposed jury, it does not make sense. If Chewbacca lives on Endor, IBM must have stolen our code we GPL'ed and put on our public FTP site. [pulling a monkey out of his pocket] Here, look at the monkey. Look at the silly monkey! [Judge's head explodes]

NASDAQ Confirms It...

[Your Anus]

SCO is dying...

Re:Gloating?

[grub]

Is the news that slow today?

You and I are both subscribers... looking into the mysterious future, I'd have to say "Yes."

That's what happens...

[Jimpqfly]

... when you don't fill your TPS Report.

Ding Dong!

[scmason]

The witch is dead the wicked witch is dead! OK, now I have to work...

Up up and away

[vivek7006]

SCO Stock is sitting at $4.30 at opening today. It'll be interesing to see where it goes from here.

It will go up. Where else would it go? Afterall they own linux code. And very soon every linux user will be paying them $699 license fees

It's a trick...

[RyanFenton]

They just don't want people to be able to watch their stock anymore, so they've made this move to change their stock symbol. Security through obscurity, indeed.

Ryan Fenton

Re:"We're sorry, that story is not available"

[AviLazar]

Opened just fine for me...quick...almost too quick actually {shifty eyes}

A funny SCO joke...

[PortHaven]

Knock! Knock!

Who's there?

SCO!

SCO who?

Re:Ding Dong!

[DataPath]

You're getting ahead of yourself. We're still at the part where the which is saying "I'm melting! I'm melting!"

Only after the witch is well and truly gone do you sing that. In the meantime, we stare in simultaneous horror, awe, and delight.

I hope they make sure...

[macserv]

...to use the new cover sheet on their 10-K report. Did SCO get that memo?

Yeah, interesting's right...

[GillBates0]

It'll be interesing to see where it goes from here.

I predict it'll be going downhill....if there's any downhill left, that is.

/\ \o/
\ | <--- Darryl
\^
\
\

Re:"We're sorry, that story is not available"

[Traegorn]

Opened just fine for me...quick...almost too quick actually {shifty eyes}

Dear lord man, the word is quickly... adverbs man, adverbs!

Re:It this the first sign that they are folding

[The Angry Mick]

Problems filing 10-K indicate serious problems in their accounting department.

Like the slow realization that all of their income was just sent to David Boies and now there's nothing left to pay the temps that put together the filing for the SEC?

poor ol darl

[ocularDeathRay]

the wolves at his door
are starting to snarl
this is a sad day
for our dear ol friend darl

We hoped and we prayed
we would see this day come
now the world shall see
suing linux is dumb

The stock on the nasdaq
is being delisted
I hope darls ass
is feeling quite fisted

writing this poem
has been so much fun
under my bosses nose
so I am under the gun

thank you for allowing
my poetic roll
now go ahead and mod me
a useless old troll

Re:Yeah, interesting's right...

[DarkMantle]

I didn't realize Darryls legs were so short

Re:Gloating?

[turtledot]

>"When it gets so bad NASDAQ delists you, it means that you are about to get sued, and get sued hard."
Next we'll see an anouncement from SCO complaining about the litigious nature of society today.

Maybe they'll take out a full page ad in NY Times..

To a chemist it's Fe-y, to everyone else it's iron-y...

Re:SCOX - SCOXE

[mapmaker]

SCOX, SCOXE, SUXOR

These haxors and their funny spellings. Why can't they just write "SUCKS"?

Re:requirements?

[oliana]

1999

It is only official when Netcraft confirms it.....

[ZosX]

It is now official. Netcraft confirms: SCO Unixware is dying

One more crippling bombshell hit the already beleaguered SCO community when IDC confirmed that SCO Unixware market share has dropped yet again, now down to less than a fraction of 1 percent of all servers. Coming on the heels of a recent Netcraft survey which plainly states that SCO has lost more market share, this news serves to reinforce what we've known all along. SCO is collapsing in complete disarray, as fittingly exemplified by failing dead last in the recent Sys Admin comprehensive networking test.

You don't need to be an amazing psychic random number generator to determine SCO's future. The hand writing is on the wall: SCO faces a bleak future. In fact there won't be any future at all for SCO because SCO is dying. Things are looking very bad for SCO. As many of us are already aware, SCO continues to lose market share. Red ink flows like a river of blood.

SCO Unixware is the most endangered of them all, having lost 93% of its core developers. The sudden and unpleasant departures of long time SCO developers Ben Dover and Rod Inasse only serve to underscore the point more clearly. There can no longer be any doubt: SCO is dying.

Let's keep to the facts and look at the numbers.

GNU leader Richard Stallman states that there are 20 users of NetBSD. How many users of OpenBSD are there? Let's see. The number of NetBSD versus OpenBSD posts on Usenet is roughly in ratio of 5 to 1. Therefore there are about 20/5 = 4 OpenBSD users. SCO posts on Usenet are about 1/200,000 of the volume of homoerotic love story posts. Therefore there are about 5 million gay geeks. A recent article put homoerotic geeks at about 80 percent of the SCO market. Therefore there are (40+20+15)/2*(X+i^5) = 37.5 SCO users. This is consistent with the number of SCO Usenet posts.

Due to the troubles of SCO, abysmal sales and so on, SCO went out of business and was taken over by Sun who sell another troubled OS. Now Sun is also dead, its corpse turned over to yet another charnel house.

All major surveys show that SCO has steadily declined in market share. SCO is very sick and its long term survival prospects are very dim. If SCO is to survive at all it will be among OS dilettante dabblers. SCO continues to decay. Nothing short of a miracle could save it at this point in time. For all practical purposes, SCO is dead.

Fact: SCO is dying

Lawsuits for everyone.

[955301]

Okay, so next up, SCO tries to sue the NASDAQ small cap exchange for their delisting policies.

The current shareholders of SCO sue them for failing to file the necessary paperwork to maintain the listing and thereby affecting their ability to trade the stock.

And I'll be sued for pointing out the obvious demise of this company. Finally.

I predict a scooby doo ending.

[RobertKozak]

Were it not for /. clearing up the FUD, their stock would probably still be flying high on rampant speculation.

Darryl : "aaarg. And I would have succeeded if it weren't for those pesky slashdotters and their stupid dog!"

Re:It this the first sign that they are folding

[Doc Ruby]

Haha - Boies was paid in stock! Take your unsaleable shares to hell, scammer!

Pitty

[soloport]

Pitty the poor fool who just dumped nearly 8-thousand shares, at $4 [yahoo.com]. Hope the buy price was a cool $3 -- say in March, 2003? Let's see. That would still be $8000 in earnings, over a 24 month period.

Ouch!

overheard at SCO HQ...

[Anonymous Coward]

Bert: Hey Darl, got a moment?

Darl: BERT BUDDY! Come on in. Hey, wanna brew?

Bert: I, uh, no thanks. I have some important news.

Darl: Lemme guess, we total kicked Linux's ass today, right? Lay it on me bro.

Bert: Well, you see Darl, you know our stock? The ticker symbol is gonna change to SCOXE, just wanted to let you know that.

Darl: It is? Whoa! Awesome! Why are you doing that Bert?

Bert: It's because our stock is in the toi.., uh, actually the guys at NASDAQ think the Linux lawsuit is "eXtremelly Excellent" and they wanted to honor us with a special long ticker symbol.

Darl: Whoooooooooa!! Bert!!! That's KILLER. HIGH FIVE BRO!

Bert: I uh.. you've got beer all over .. oh now it's on me. Okay.

Darl: Bert man you need to LOOSEN UP! We ROCK!

Bert: Uhm, yes Darl, I'm just going to close the door now and get back to work. I'll send somebody by to clean up all these beer cans.

Darl: No way I'm building a TOWER out of all these cans and I'm putting it behind the door so when somebody opens it it'll totally knock them over and make a big sound BOOM! See yah Bert!! Linux is TOAST! We're gonna be so rich!!! WOOO!!!

Further excerpt from the SCO vs IBM trial

[abramovs]

Judge: Closing Statements.

SCO Lawyer: Ladies and Gentlemen of the jury, I'm just a caveman. Your world of technology frightens me. I don't understand computers and the devils inside of them that make all those pretty pictures and noises. But the one thing I do know is that SCO owns Linux.

Jury Foreman: Your honor, we find for SCO and their Caveman Lawyer.

Am I the only one.....

[fatboy]

.... that saw SCOXE and thought GOATSE?

Re:Pitty

[Anonymous Coward]

Probably at this point, lawyers who think they can get together and start a class action suit "on behalf of the many and varied investors in SCOX" (read "themselves"). If they win, not only do they get to keep half the winnings as their attourney fees, they get to keep the other half as their clients!

Re:SCOX - SCOXE

[saldek]

The google adwords below that article are hilarious :

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Re:Gloating?

[Feyr]

that's unfair to the psycho girlfriends of the world!

Re:Another link..

[Anonymous Coward]

I always find this trailer at the end of SCO stories amusing:

"The SCO Group (Nasdaq: SCOX - News) helps millions of customers in more than 82 countries to grow their businesses everyday. Headquartered in Lindon, Utah, SCO has a worldwide network of more than 11,000 resellers and 4,000 developers..."

Millions of customers my ass. If that is true, with SCO's revenue numbers, they must each spend about $1.89.

Also love this line:

"... UNIX is a registered trademark of The Open Group."

Re:Sometimes Scum Sinks

[Simon Brooke]

Oh the horror. Maybe I should just answer the e-mail from the nice Nigerian who wants me to transfer his millions into my bank account, instead.

Tell you what, offer to invest them in SCOXE. He'll be so grateful!

SCOXE: Couldn't be better!

[SCO_Shill]

I don't see what the problem is here, people! Things are great, couldn't be better!

First off, as to the delays on filing, we've got some deep divers from MIT working on it right now.

Plus, our more than 4,000 developers are being well compensated, morale couldn't be higher!

Finally, the new SCOXE listing will confuse our enemies at Groklaw and the Yahoo message boards, so only we can post our viewpoints there. Also, no google bombing of "SCOXE" and "litigious bastards".

All in all, another win for us.

(This post contains forward looking statements.)

Re:Buying stock certificates?

[Pfau]

I would buy one myself, but the only place I found it wants over $100: http://www.singleshare.com/stocks/scox.shtml [singleshare.com] I don't want to be the guy that paid $117.30 for a single share of SCO.

Re:Gloating?

[jacksonj04]

would have been better as "I am a psycho girlfriend, you insentitive clod!"

Re:Gloating?

[FecesFlingingRhesus]

Yeah and it's unfair to taunt the people of Slashdot with the idea of a girlfriend even a psycho one. You know there are some that have to just go without.

Re:Pitty

[d34thm0nk3y]

Crap, now how am I going to get all those +5 imformatives for posting links to Yahoo stocks in SCO stories??

Why buy just one...

[Hamster Lover]

when you can buy an entire roll of SCO stock at your local supermarket? Available in 6, 12 or 24 roll packages.