SCO Terminates Darl McBride

bpechter writes "Linux Today reports SCO has terminated Darl McBride and linked to the SCO 8K SEC report. The report found also at the SCO site and states: 'the Company has eliminated the Chief Executive Officer and President positions and consequently terminated Darl McBride.'"

Did the Gun Help?

[dcollins]

"Darl McBride, chief executive of SCO Group Inc., says he sometimes carries a gun because his enemies are out to kill him. He checks into hotels under assumed names. An armed body guard protected him at Harvard Law School when he gave a speech last month."

So, did he ever get use that gun against the people who terminated him, I wonder?

http://www.deseretnews.com/article/1,5143,595047068,00.html?pg=1 [deseretnews.com]

Re:Big deal

[GPLDAN]

From: http://www.accessmylibrary.com/coms2/summary_0286-19229004_ITM [accessmylibrary.com]

Val Noorda Kreidel, Ray Noorda's only daughter, shot herself to death at her home in Huntington Beach, California at 8am last Thursday morning, March 17, according to Orange County supervising deputy coroner Cullen Ellingburgh.

She shot herself in the head with a handgun, Ellingburgh said. He ruled out murder.
Ms. Kreidel committed suicide less than a week after the fracas over the management of the Canopy Group, her father's venture capital operation, was settled.

She was 49 and leaves a husband, four daughters and a son in addition to her parents and brothers.

The settlement transferred Canopy's 32% position in the infamous SCO Group and an undisclosed amount of money to former Canopy CEO Ralph Yarro. The Yahoo message board related to SCO's stock wasn't content with the initial report that Ms. Kriedel died of an apparent heart attack and placed calls to the coroner that tore away the protective euphemism.

Given Ms. Kriedel's conservative Mormon roots, one can understand why the family might be giving it out that she died of natural causes.

Re:Raising additional funding

[Anonymous Coward]

You don't even need to "translate". The next sentence in the TFPressRelease reads:

These actions will allow the Trustee to preserve cash and the value of the business while enabling the Company to proceed with asset sales, pursue litigation against, among others, IBM and Novell

(emphasis mine)

Re:Did the Gun Help?

[Anonymous Coward]

If you could care less then that would mean that you have at least a slight interest.

I presume you wanted to say "I certainly couldn't care less" which, if you care to actually read the sentence, means your level of of interest is so low that you just can't be any less interested.

Really, why is that so hard to understand for native English speakers? I'm not a native speaker, but I don't have any problems grasping such simple language concepts.

The Church and suicide

[Bruce Perens]

I know a devout orthodox Christian family that suffered a suicide of one of its members. One of the worst parts for them was the way that the church that they'd been part of, and served, for all of their lives turned away from them.

Re:Not quite into the ground

[Zeinfeld]

The SCO stock last traded at 13 cents. That does not mean that anyone will buy for 13 cents. Volume is less than 5000 shares a day, you can see the individual trades in the chart. In fact the main reason people would buy SCO at this point is because they had previously sold the stock short and want to buy to cover so they can recognize the profit this tax year rather than be forced to recognize the profit when the company goes bankrupt. Looks to me like today's trading means that someone paid $700 to close a SCO short. After that there are probably a bunch of pump and dump scammers out there and folk who recon that maybe IBM will decide its cheaper to buy SCO out than continue litigation. The price of a single share is not the same as the proportional value of the company, nor should it be. Real companies do not increase or decrease in value by 10% in a single day. The market prices of shares can over or under value the company significantly. At $13 a share the marketcap of SCO is about $2.5M. That is more than the company is worth but less than you would need to pay to buy the company.

Inflammatory

[handy_vandal]

inflammatory

Pronunciation: \in-fla-m-tor-\

Function: adjective

Date: circa 1711

1 : tending to excite anger, disorder, or tumult : seditious

2 : tending to inflame or excite the senses

3 : accompanied by or tending to cause inflammation

— inflammatorily \-fla-m-tor--l\ adverb

Source [merriam-webster.com]

No, Inflammable

[NotBornYesterday]

Inflammable

1. Capable of burning; easily set on fire.
2. (figuratively) Easily excited; set off by the slightest excuse; easily enraged or inflamed.

$300k salary + bonus for meeting loss targets

[RichMan]

Darl was hauling in a pretty pile for driving SCO into oblivion.

Last year while in BK he hauled in $492k.

http://www.sec.gov/Archives/edgar/data/1102542/000095013409004254/v51630e10vkza.htm

This from a 60 person company. That was losing money like crazy.

http://www.sec.gov/Archives/edgar/data/1102542/000095013409001443/0000950134-09-001443-index.htm
$13M revenue, $8.7M loss

Nice 0.5/13 -> 1/26 of the revenue was paid to Darl

Re:Buh-bye!

[RichMan]

Early '90s SCO would have been Santa Cruz Operations which sold the "UNIX" business to Caldera which renamed itself SCO in 2003 to muddle the ownership issues. The original SCO renamed itself to Tarantella and was bought by SUN which is now Oracle.

It was/is a great mess.

Re:Did the Gun Help?

[Bruce Perens]

did he really do anything that negatively impacted your lives?

Yes. He pretty badly messed up the business I had at the time, because too many people took his threats seriously. Probably cost me a million-dollar deal.

Re:Big deal

[Quothz]

Show me one business that has been around 'for the long haul' that does not have at least one black mark of this type on it's record, and I'll back down.

Lego. Zippo. They're out there, although few and far between: Small companies that actually make things and aren't cutthroat because they're the best at what they do, that live on reputations of quality--real quality, not the word "quality". And more often than not, they end up selling out to huge conglomerates that either wisely let them do their thing in peace (Ben & Jerry's), or milk their reputation while letting them rot (Singer). But there are a (very) few out there that stay independent and manage to not be evil without it being a marketing strategy.

Re:Big deal

[danaris]

Catholicism has a belief in purgatory though, which most Protestant denominations do not believe in.

That's because the Pope made it up some time in the Middle Ages as a fundraising tool.

Dan Aris

Re:That's a bit harsh

[HydroPhonic]

Flammable means burnable Inflammable means ignitable For example, magnesium is flammable, but not very inflammable....

TYPO, sorry

[Bruce Perens]

Gosh, of all the stupid typos I could do. Please read that as "I do not advocate any form of violence against anyone." I don't even know how the heck that happened.