SCO loses, Novell wins finally

[Jerry Feldman]

On 06/11/2010 02:46 PM, mark wrote:
> On Fri, Jun 11, 2010 at 2:40 PM, Jeffry Smith <jsmith at alum.mit.edu
> <mailto:jsmith at alum.mit.edu>> wrote:
>
>     SCO has this amazing ability to come back - they're worse than the
>     Mummy, Dracula, and Dawn of the Dead combined.
>
>     Hopefully someone soon will put a stake through their heart, cut their
>     head off, fill their mouth with garlic, put silver coins on their
>     eyes, then burn them, cover them in holy water, and dump the ashes
>     into a volcano.
>
>     Of course, even that may not be enough ;)
>
>     jeff
>
>
> IBM can still pursue their counter-claims against SCO.  Personally, I
> hope they do, and that they win, and that they ask for their
> compensation in form of company stock.  Then then can fire all the
> management, fold what software engineers are left into their own
> internal organizations, and SCO can be gone for good.
>
They certainly could, but there is virtually no management left. Judge
Cahn (the Chapter 11 trustee) is running the company, and the only ones
left are the staff. It would be cheaper for IBM to buy SCO stock at 4.5
cents per share (yesterdays close). Personally, I don't think there is
any value to IBM in the company. I think that the only company that
could benefit from the existing SCO assets is Novell. While there is
some IP that SCO developed, much of what they have is still somewhat
dependent on Unix IP, which Novell owns (and has been affirmed). I don't
think that Darl McBride will be coming back with his light saber and the
power of the dark side of the force, or Ralph Yarrow III the Sith.  It
is basically up to Judge Cahn and Judge Gross (bankruptcy judge) to
figure out the next step. Remember that both IBM and Novell moved to
place SCO into Chapter 7 a while back, and Judge Gross decided to
appoint a Chapter 11 trustee instead. I would expect that both IBM and
Novell to petition the judge on this again unless Judge Cahn beats them
to it. But, we can't eliminate David Bois & company from the equation.
His firm has done a magnificent job keeping these cases alive, and while
the SCO vs. IBM seems moot, Bois & Co. have come up with some pretty
surprising stuff. And then remember that Yarrow breathed a bit of life
into SCO a few months ago. If Yarrow comes up with more cash, he could
keep SCO out of Chapter 7. Remember, that he is the guy the named a law
after in Utah (http://en.wikipedia.org/wiki/Ralph_Yarro_III).

-- 
Jerry Feldman <gaf at blu.org>
Boston Linux and Unix
PGP key id: 537C5846
PGP Key fingerprint: 3D1B 8377 A3C0 A5F2 ECBB  CA3B 4607 4319 537C 5846


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