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Businesses Caldera The Almighty Buck News

SCO Assets Going To October Auction 217

An anonymous reader noted that the SCO Group is having a bankruptcy auction in October. The article says 'After bankruptcy in September 2007, SCO and an affiliate filed schedules listing combined assets of $14.2 million and debt totaling $5.2 million.' I wonder if we could all chip in and buy something as a sort of 'Thanks for being a pimple on the face of humanity' present.
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SCO Assets Going To October Auction

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  • by randomencounter ( 653994 ) on Tuesday August 31, 2010 @06:46PM (#33430904)

    Once upon a time there was a practice known as the "penny auction".

  • Bad Reporting? (Score:5, Informative)

    by UnknowingFool ( 672806 ) on Tuesday August 31, 2010 @06:53PM (#33430956)

    The bankruptcy judge called for a Chapter 11 trustee in August 2009, about one month before the U.S. Court of Appeals in Denver ruled in the company’s favor after six years of litigation with Waltham, Massachusetts-based Novell Inc. The case went back to the district court, where the judge and jury further clarified SCO’s rights in certain Unix software incorporated in software for network systems.

    Reading that section, it would seem that SCO won their case against Novell. But that's not the case. SCO won certain points in the bankruptcy case like receiving Chapter 11 designation instead of Chapter 7 which Novell and U.S. Trustee's Office wanted. But it had to accept a trustee in place of management handling the bankruptcy. It definitely lost the Novell case.

  • Re:Bad Reporting? (Score:4, Informative)

    by UnknowingFool ( 672806 ) on Tuesday August 31, 2010 @07:03PM (#33431030)
    Also SCO won a partial judgment in the U.S. Court of Appeals for the Tenth Circuit in August 24, 2009. The Court of Appeals reversed and remanded the district court decision noting that the issues decided in summary judgment should have gone to trial instead. It did not rule whether SCO should have won, only that they could not be decided in summary judgment. It was all for naught as in trial later, the district court found in favor for Novell in that Novell owned the copyrights to Unix. But the appeals court upheld the district court's decision that SCO owed Novell for the 2003 Sun agreement.
  • Or his house? (Score:5, Informative)

    by whoever57 ( 658626 ) on Tuesday August 31, 2010 @07:45PM (#33431298) Journal
    You can bid on Darl's house on September 14:
    Go here [recontrustco.com] Select Utah, then Salt Lake, then Look down the page for "VINTAGE OAK"
  • Re:First bid! (Score:5, Informative)

    by jgagnon ( 1663075 ) on Tuesday August 31, 2010 @08:13PM (#33431450)

    Unicorn manure is GREAT for growing sweet & sour corn.

  • Re:Physicsdot FTW... (Score:2, Informative)

    by Ambvai ( 1106941 ) on Tuesday August 31, 2010 @08:53PM (#33431636)

    More from Wikipedia...

    When accounting only for mass, gravity, and altitude, the equation is: U = mgh, where U is the potential energy of the object relative to its being on the Earth's surface, m is the mass of the object, g is the acceleration due to gravity, and h is the altitude of the object. If m is expressed in kilograms, g in meters per second squared and h in meters then U will be calculated in joules.

    U = 1kg*9.81m/s^2*2.0*10^6 = 19620000j / 3000000j/kg = 6.54kg of gunpowder.

    From wiki.answers.com:

    The densities of modern powders vary from something a bit over 0.07 grams per cubic centimeter to something over 0.16 grams per cubic centimeter.

    So lets say we're using something on the denser side--

    6540g/0.16g/cc = 40875/cc

    So, to blow off his head and put it in orbit, you need to put about 41 liters or 11 gallons force worth of gunpowder into pushing that empty skull straight into the atmosphere.

  • by mr_mischief ( 456295 ) on Tuesday August 31, 2010 @08:58PM (#33431680) Journal

    Of course! They are in reorganization bankruptcy, not full receivership. Once they auction off enough to pay Novell, they'll appeal again and try to get that money back.

  • Here are the pics (Score:1, Informative)

    by Anonymous Coward on Wednesday September 01, 2010 @03:16AM (#33433040)

    Heh. So Daryl lived in a tract McMansion. Zestimate of $1.1 M. Pics here:

    http://www.zillow.com/homedetails/1799-Vintage-Oak-Ln-Salt-Lake-City-UT-84121/12870753_zpid/

    You've got to wonder how he managed to screw up and lose it.

  • by dbIII ( 701233 ) on Wednesday September 01, 2010 @04:45AM (#33433302)

    Caldera Network Desktop

    Trolltech of Qt fame probably did all of the polishing that impressed you. They were contracted to do a lot of work on it at the time and threw in the tetris game you get to play during installation.

  • Re:First bid! (Score:3, Informative)

    by mcgrew ( 92797 ) * on Wednesday September 01, 2010 @09:41AM (#33434792) Homepage Journal

    Right now it's 40% informative, 20% offtopic and 20% redundant. Somebody with mod points needs more coffee this morning.

You knew the job was dangerous when you took it, Fred. -- Superchicken

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