SCO to buy its own stock

Kurt Wall kwall
Mon May 17 12:00:32 PDT 2004


In a 1.1K blaze of typing glory, Jonathan Corbet wrote:
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> I couldn't make this stuff up.
> 
>   http://biz.yahoo.com/prnews/040310/law104_1.html
> 
> SCO, which, of course, has lots of spare cash rolling around, is going to
> dump up to $15 million into buying its own stock.

How convenient! SCO announce a stock repurchase plan just as their
stock price begins to tumble, their entire case begins to collapse under
the weight of accumulated lies and deceptions, and the SEC begins to
show interest in the matter.
 
> Surely they wouldn't be trying to distract attention from the fact that
> BayStar, to whom they just sold a bunch of stock (though the registration
> is late, which raises interesting issues in its own right) has now said
> that Microsoft steered them toward investing in SCO?

Nah. ;-)

Kurt
-- 
Captain Penny's Law:
	You can fool all of the people some of the time, and some of
the people all of the time, but you Can't Fool Mom.



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