Monday, August 13, 2007

SCO Update

Friday's stock close: $1.56.
Trading as of 8:43 CDT Monday: $0.45.
Net change: -71%.

The market has rendered an opinion, regardless of what SCO put into their press release.

Meanwhile they've got about $6 mil in cash left and they're still losing money every quarter. And they've just lost (most of) their one hope of getting any significant income in the future.

Couldn't happen to a nicer bunch. Do I hear a fat lady singing?

No comments: