Novell produces 'smoking gun'

Amused me this morning - (I know I'm a few days late, but I was busy all weekend )

Wonder what this will do to SCO's value? Will it drop enough before delisting to bring out a pool winner.

As much as I hate to say it, should there be a TiVo Death Watch Pool.....

I think so. I'd also say that at $300 Million (in today's market place) they're seriously over-valued. An article I just read (like so many others) comments on acquisition, but I believe anyone savvy enough would wait for something closer to a firesale.

As I've said before, TiVo still has a lot going for it that other products don't have, but these features are getting fewer and farther between. They're also fairly simple/trivial features to add to already robust software from NDS and Digeo. A lot of people seem to think TiVo is about "the service" - well, it's not. It's all about "the software." The "service" is just the little myth they use to tie you to a monthly bill. Their major recurring cost is listing data supply - and that's a similar cost for everyone in the industry. Companies that have already rolled this cost into their current non-DVR products, and therefore your cable/satellite bill, can afford to deploy DVRs at significantly lower prices (per month, etc..) I'm not saying they will of course. Most of these companies also won't have imediate control of the software and will have to licence it - but given their customer volumes, their per-unit pricing is sure to be very low. NDS/DirecTV having the same parent likely have the sweetest deal going.

Bruno

This feels a lot like the MSIE/Netscape wars. One product was (at least initially) markedly better, but the one that was easier for people to get won hands-down. Bad news all over. People just don't care about quality anymore. I long for the days when thing were built to last.

All,

I wasn't even thinking...If SCOXE gets delisted, how to determine stock price??? Are the other listings legit/transparent/trackable? Usable for this contest/pool? I gather that it is common to delist when price drops below $1, but didn't anticipate this circumstance. If I had, I might have made criteria "less than $1 or delisted". Too late now, though.

I do not see for what reason NASDAQ would be motivated to consider a SCOXE appeal. Why would they want to keep a listing that smells like rotten fish? Doesn't do much to enhance the prestige of NASDAQ.

Anyhow, any sound advice from non-entrant stock market experts appreciated.

John/Rompel,

Feel free to object, but I am leaning toward using delisting as "dollar day". From what I can see, there is no way to track SCO share price accurately after delisting and the $1 price point was picked in great part because it would have been the point that they would fall off the board from delisting due to low price.

Had I to do it again, I certainly would have put "or delisted" in the rules.

This is much less satisfying to me than watching their share price drop to $0.99, but I have no sway over their auditors. I certainly still think that they are still headed for smoldering cinderdom, and that it won't take as long as you think, but that NASDAQ just won't be our guide anymore to the murky death spiral.

Thoughts?

Looks like TiVo is partnering with Comcast for now. Maybe that'll delay their death for a while.

This says it all:

Quote:
Financial terms of the multi-year, non-exclusive deal with the Philadelphia-based Comcast were not disclosed.

The skuttlebutt earlier was that Comcast wanted terms that TiVo found unacceptable. Now, they probably crawled back and got even less. Who knows whether TiVo's going to see much revenue from this. The real question for me, as somebody who really likes my TiVo, is whether this move will lead me to dump my DirecTV if and when I can get better TiVo support with a different platform.

Well, the date has arrived, the markets have closed, and SCO was even *up* a bit at the end of the day (weird)?

I suppose that this is as good a time as any to tell you all that the pool, the prize -- all of that -- was a practical joke. A hoax, I guess you could say.

Ah, well, thanks for coming!

Cheap B*stard!

SCO Lives!

I don't think I'd make this bet for another year. Then again, SCO has shown an amazing ability to drag this thing out. They might just make it another year. Let's all hope not!

Quote:
I suppose that this is as good a time as any to tell you all that the pool, the prize -- all of that -- was a practical joke. A hoax, I guess you could say.

I suppose you'll be asking PayPal for a refund at some point

Sorry I wasn't paying attention when you wanted to change the rules. Seems they were able to drag things out with NASDAQ too, so the point was moot.

Thanks again for the $50.

--John

Another tidbit: no smoking gun!
http://news.zdnet.com/2100-3513_22-5789132.html?tag=nl.e589

So it's been almost a year now; time to resurrect a SCO thread with this little development.

So how did people do? SCOX is now below $1 quite emphatically (and that makes me very happy, btw)

Hugo

How coincidental. We were just talking at lunch about SCO's final crushing defeat and I thought immediately of this old thread.

I didn't do so well with my guesses. I can't believe they drew it out nearly this long. Finally!

It's over! (well, hopefully... chapter 11 didn't affect us so much )

SCO Group files for bankruptcy
http://news.yahoo.com/s/ap/20070914/ap_on_hi_te/sco_group_bankruptcy

Now it's really over.

SCOX was de-listed from the NASDAQ this morning.

But in a move worthy of George Romero:

http://www.groklaw.net/article.php?story=20080214125705140

Of course this is a proposed $1M financing.

And the link through Bill Gate's buddy seems pretty transparent. We here in the U.S.A. will now once again beg to be saved by the EU Commission.

The Axis of Evil does exist after all!

Wow. Unbelievable. Bill really hates the penguin doesn't he?

This is a really old thread but SCO still refusing to die. Economic downturn and yet there are people out there who think that investing in SCO is a good idea...

They just won't go away:

http://blogs.wsj.com/law/2009/08/25/the-roller-scoaster-continues-fight-with-novell-heads-to-trial/

"In any event, the company got a big boost on Monday when the Tenth Circuit ruled that the company has a right to a jury trial on its claim that it owns the Unix operating system. The ruling reversed a lower-court judge who, in 2007, had granted summary judgment against SCO, in favor of defendant Novell Inc."

-jk

I look forward to one day seeing my grandchildren update this thread.