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

[Jeff Lightner]

My point wasn't that SCO isn't doing badly but rather that Chapter 11
doesn't mean it has gone under or that it necessarily will do so.  

An example of a company that survived bankruptcy once but later went
under on doing it a second time was Continental.   However the second
time was more than 7 years after the first time so anyone who had
counted it out the first time would have been premature in that
assessment.

Personally I can't see SCO being viable even ignoring the lawsuit mainly
because there doesn't seem to be much reason to buy a PC compatible UNIX
variant in a world where there are so many free *nix alternatives.
Even for commercial purposes one has RedHat and Suse Linux with broad
3rd party vendor (e.g. Oracle) product availability.  


-----Original Message-----
From: ale-bounces at ale.org [mailto:ale-bounces at ale.org] On Behalf Of
Thompson Freeman
Sent: Monday, September 17, 2007 12:56 PM
To: Atlanta Linux Enthusiasts
Subject: Re: [ale] It might be too late to sell your SCOX stock


Not that it is important, but you can add US Air to that  
list of Chapter 11 survivors. Twice I think.

On 09/17/2007 12:41:50 PM, William Fragakis wrote:
> 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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> 
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