[ale] It might be too late to sell your SCOX stock

[William Fragakis]

OTOH, if memory serves correctly, Eastern, Pan Am, TWA, Braniff all
filed Chapter 11, too. Sometimes, Chapter 11 allows for a genuine
restructuring. Other times, it postpones the inevitable and isn't much
more than wishful thinking, especially when the underlying business
model doesn't work.

One might be tempted to say that SCO's primary business model evaporated
in court.

regards,
William

On Mon, 2007-09-17 at 10:45 -0400, Jeff Lightner wrote:
> Guess again - Chapter 11 is "reorganization" not "liquidation" meaning
> SCO still expects to be around but wants protection from creditors while
> it reorganizes.   
> 
> The biggest recent local example of a successful emergence from Chapter
> 11 is Delta Airlines.
> 
> -----Original Message-----
> From: ale-bounces at ale.org [mailto:ale-bounces at ale.org] On Behalf Of
> James P. Kinney III
> Sent: Monday, September 17, 2007 10:19 AM
> To: Atlanta Linux Enthusiasts
> Subject: Re: [ale] It might be too late to sell your SCOX stock
> 
> ...not with a bang but a whimper... Couldn't happen to a more deserving
> board of directors.
> 
> Nice to see SGI has recovered from their $0.03/share in 2006 back up to
> $21.
> 
> At the moment, SCOX is $0.25 
> 
> Sounds like rushing wind from a falling body...
> 
> On Mon, 2007-09-17 at 10:04 -0400, Charles Shapiro wrote:
> > SCO filed for  Chapter 11 bankruptcy protection on Friday afternoon.
> > 
> > I'm so sorry to see this drama wind down to its inevitable conclusion.
> > 
> > SCOX:0.37
> > 
> > -- CHS
> > 
> > 
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