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September 08, 2006

Standover tactics not winning (yet)

From The Register:

The SCO Group saw its business ebb away during the third quarter, as both revenue and sales continued their steady migration southwards.
The Linux litigant recorded an increased net loss of $3.6m for the three months to July 31 compared to $2.2m, on total revenue that fell 20 per cent to $7.4m. SCO reported an increased loss per diluted share of $0.17, compared to $0.13 in the same period last year.
Revenue from SCO's Unix business dropped 22 per cent to $6.2m, while SCOsource revenue from licensing dipped 3.1 per cent to $31,000. Cough.

Hmmmmm. I wonder how munch money is left before they are tagged as financially bankrupt? Of course there are some who will claim that SCO has been morally bankrupt for some time....

Posted by Ozguru at September 8, 2006 06:00 AM