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Investors Lately Siding With Linux In SCO Group's Linux Legal Fight; Stock On 3-Month Slide; Use of the open-source software violates SCO's Unix patents, suits claim.(INTERNET & TECHNOLOGY)
Byline: KEN SPENCER BROWN
The SCO Group has grabbed headlines with a flurry of Linux copyright lawsuits, but it hasn't sparked much investor interest lately.
The stock, which had risen from less than 3 in April 2003 to around 20 in September, has lost more than half its value since then. SCO now trades at around 8.
Critics call the drop a sign of trouble in SCO's plans to cash in on its Unix operating system, which Linux allegedly copies. Investors, they say, are losing faith that SCO can prod Linux users into paying license fees to avoid lawsuits.
"Win or lose, that outcome is at least a couple of years away," said Dion Cornett, a Decatur Jones analyst who since January has been recommending that investors short the stock. "In the interim, we know the company is going to burn through its cash balance."
The Lindon, Utah, software firm wants IBM to pay $5 billion for reneging on a deal to push a version of Unix that runs on PCs, a niche Linux now fills.
Also, in an effort to more firmly establish Unix ownership rights, SCO is suing Novell, a big Linux vendor that sold Unix rights to SCO several years ago.
- Lindon, Utah-Based Software Company Seeks Billions in Linux License Fees.
- Newspaper article from: Knight Ridder/Tribune Business News July 22, 2003 700+ words
...couple of years, the license fees could add up to billions of dollars if SCO actually collects. The...costs. Opponents say SCO is trying to collect license fees by scaring Linux users...their frustration with SCO via e-mail. "But...
- Impact analysis: the SCO Linux lawsuit.
- Newspaper article from: Info-Tech Advisor Newsletter August 19, 2003 700+ words
...increase in Linux total cost of ownership if SCO's license fees stick. * Unwillingness on the part of...wins the day. Want to Know More? * "SCO License Fees Would Hurt Linux Market" (July) and "SCO's Threat to Sue Linux Users Serious...
- SCO Threatens To Derail Novell-SuSE Deal & Sue a Fortune.
- Newspaper article from: Client Server News November 24, 2003 700+ words
...settlement may be possible. SCO also revealed exactly what it...previously reported, the deal that SCO's lawyer, the famous David...entitles him to 20% of any license fees, settlement, award, sale...even any equity infusion in SCO. So because SCO pocketed...
- SCO Threatens To Derail Novell-SuSE Deal & Sue a Fortune 1000 Linux User.
- Newspaper article from: Linux Gram November 24, 2003 700+ words
...settlement may be possible. SCO also revealed exactly what it...previously reported, the deal that SCO's lawyer, the famous David...entitles him to 20% of any license fees, settlement, award, sale...even any equity infusion in SCO. So because SCO pocketed...
- SCO Claims Draw Fire from Novell, Users in Spotlight.
- News wire article from: Computergram International Aslett, Matthew Clarke, Gavin November 20, 2003 700+ words
...McBride also told ComputerWire SCO was in the process of identifying...Boies, managing partner with SCO's law firm Boies, Schiller...significant user that has not paid license fees and is in fact using proprietary...basis." McBride said that SCO would offer identified Linux...
- Source Claims SCO Will Sue Google.(Brief Article)
- Newspaper article from: Client Server News O'Gara, Maureen December 1, 2003 700+ words
...big-time Linux user that hadn't paid SCO the license fees it's demanding and take it to court for...of servers, worth, oh, $7 million to SCO as long as SCO's current cut-rate license fees maintain. It's reportedly putting together...
- SCO readies invoices for Linux.(SCO Group Inc.)
- Magazine article from: Network World September 8, 2003 700+ words
...they wouldn't consider paying SCO; others say they might pay up...for the most part has scoffed at SCO's efforts to charge license fees for Linux, the company says it...company, a Fortune 500 firm that SCO would not name, has purchased...
- SCO Can't Sell "Linux Licenses" Worth a Damn.
- Newspaper article from: Client Server News June 14, 2004 700+ words
...see its legal crusade through to the end. SCO CEO Darl McBride blames Novell for SCO's negligible license fees. He says it's muddied the waters and...prospective licensees pause by claiming that SCO doesn't own the IP. IBM's propaganda...