Submission + - SCO shares collapse after court judgement
mattaw writes: It didn't take the investors long to FINALLY wake up to what the intelligent world was telling them: SCO is worth almost nothing without its IP claims, and they are not based on facts.
TheRegister and Yahoo share tracker both tell of the substantial financial damage its suffered after the latest court ruling.
To quote the register: "SCOX dropped 40 per cent to $1.20 per share, at the time of this report. That's well off a 52-week high of $5.23 and light-years away from the more than $20 per share price SCO enjoyed a couple years back. The share price collapse follows a judge's decision to uphold an earlier ruling that nixed 187 of SCO's 294 claims against IBM."
To quote the register: "SCOX dropped 40 per cent to $1.20 per share, at the time of this report. That's well off a 52-week high of $5.23 and light-years away from the more than $20 per share price SCO enjoyed a couple years back. The share price collapse follows a judge's decision to uphold an earlier ruling that nixed 187 of SCO's 294 claims against IBM."
