That assumes they settle but my guess is that IBM will fight it and that SCO will not win in which case they get nothing and their stock will tank.
-------------------------------------------------------------------- Lionel B. Dyck, Systems Software Lead Kaiser Permanente Information Technology 25 N. Via Monte Ave Walnut Creek, Ca 94598 Phone: (925) 926-5332 (tie line 8/473-5332) E-Mail: [EMAIL PROTECTED] Sametime: (use Lotus Notes address) AIM: lbdyck richard truett <[EMAIL PROTECTED]> Sent by: Linux on 390 Port <[EMAIL PROTECTED]> 06/13/2003 08:50 AM Please respond to Linux on 390 Port <[EMAIL PROTECTED]> To [EMAIL PROTECTED] cc Subject Re: Showdown looms for SCO-IBM? SCO would have been a good bet this AM. The stock is up $1.64 to $10.69 a share. The current wire on SCO is: 7:24AM SCO Group might be due for significant payout -- B-Week (SCOX) 9.05: SCO Group, which provides UNIX-based software and is the owner of the license to distribute the UNIX platform, might receive $1 bln from a previous lawsuit it filed in Mar against IBM. In addition, the stock has gone from $3.55 in mid-May to $8.65 on June 11th due to an earnings surprise of a profit totaling $4.5 mln or $0.33 per share vs. last year's loss of $0.47 per share. A fund manager says that even if SCO settles for just 10% of the $1 bln, "the impact on the bottom line of SCO, with a market cap of $115 mln, would be huge." Despite the outcome, the fund manager expects the co to earn $1.30 a share in FY04 and believes the co is on track to double in 12 months. Lionel Dyck wrote: > The stock symbol is SCOX (I thought it was SCO at first). The current > price quote is $10.80 per share - and I still think a lottery ticket is a > better investment. > > -------------------------------------------------------------------- > Lionel B. Dyck, Systems Software Lead > Kaiser Permanente Information Technology > 25 N. Via Monte Ave > Walnut Creek, Ca 94598 > > Phone: (925) 926-5332 (tie line 8/473-5332) > E-Mail: [EMAIL PROTECTED] > Sametime: (use Lotus Notes address) > AIM: lbdyck
