Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!


Forgot your password?
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×

Submission + - Investors bailing on SCO stock, SCOX plummets

HailDorothy writes: SCO's stock price is plummeting in the aftermath of Judge Kimball's ruling that Novell owns the UNIX copyrights. "[W]e will continue to explore our options with respect to how we move forward from here," said SCO in a public statement issued in a futile attempt to calm investors. SCO's stock price has fallen 70 percent during trading today, reaching a 52-week low. It looks like the end is near for SCO, which still owes Novell 95 percent of the SVRX UNIX royalties it collected from Microsoft and Sun through the SCOsource program. As Judge Kimbell noted in his ruling, it's unlikely that Novell will ever be able to collect on those royalties.
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Investors bailing on SCO stock, SCOX plummets

Comments Filter:

If you think nobody cares if you're alive, try missing a couple of car payments. -- Earl Wilson