Stories
Slash Boxes
Comments

News for nerds, stuff that matters

Slashdot Log In

Log In

[ Create a new account ]

geomon (78680)

geomon
  (email not shown publicly)
http://www.lp.org/

Journal of geomon (78680)

Financial Reckoning For SCO

[ #82154 ]
Tuesday August 31 2004, @01:06PM
User Journal

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?