And the fund manager probably also has some prime real estate in the Bayous of Louisiana for sale.
Garry E. Ward Senior Software Specialist Maritz Research, Automotive Research Group 419-725-4123 -----Original Message----- From: richard truett [mailto:[EMAIL PROTECTED] Sent: Friday, June 13, 2003 11:50 AM To: [EMAIL PROTECTED] 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 Confidentiality Warning: This e-mail contains information intended only for the use of the individual or entity named above. If the reader of this e-mail is not the intended recipient or the employee or agent responsible for delivering it to the intended recipient, any dissemination, publication or copying of this e-mail is strictly prohibited. The sender does not accept any responsibility for any loss, disruption or damage to your data or computer system that may occur while using data contained in, or transmitted with, this e-mail. If you have received this e-mail in error, please immediately notify us by return e-mail. Thank you.
