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geomon's Journal: Financial Reckoning For SCO

Journal by geomon

This afternoon (August 31, 2004, 5:00 PM EST), SCO will host a conference call where they will present '04 third quarter financial data. The news isn't expected to be comforting to SCO investors as they are coming up a bit short ; earnings and dividends will take a substantial hit. The only bright spot for the company is the settlement with Bay Star, a deal that will leave most of the cash they received from the investment house in the hands of SCO management, if only for a short time. With the poor financial showing expected to be reported tomorrow, where does that leave the company in its pursuit of IBM and Linux?

Counting in binary is just like counting in decimal -- if you are all thumbs. -- Glaser and Way

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