SCO May Raise License Fees
August 12, 2004 2 Comments
Seems that with the litigation failing and the SCOSource revenue not being what it used to be (now that MSFT is not buying licenses), SCOX is resorting to threatening to raise the price of licenses. This means if you don't act quick and grab one now, you may have to pay much more in the future. Of course by not buying one, you will save even more. Excuse me if I hold of on these. On the bright side, they are also not planning any more lawsuits (admittedly, at this point I don't really believe much they say). “Our strategy right now is to focus all of our legal resources on the current litigation with IBM, Novell and AutoZone,” Stowell said in an e-mail. “The outcome of these cases will set a precedent for how we will proceed with any future litigation.” I'd say we all know what that precedent will be, but every once and a while something completely insane happens in a courtroom, so you never know.
–jeremy
Jeremy's Blog 
…and to think that my bank (RBC) is investing in this SCOmpany. I guess its about time I took my money to the credit union, where at least I own the place I am managing my money from…
You'll be happy to know that RBC washed its hands of SCO some time ago.
http://www.nwfusion.com/news/2004/0507royalbank.html
From the article:
The Royal Bank, which had purchased 30,000 shares of preferred stock as part of an October 2003 investment in SCO, sold off its SCO holdings in two financial transactions, both of which occurred this week.
“We've unwound our position,” said Paul Wilson, a spokesman for the Royal Bank's Capital Markets group, who declined to comment on why the Royal Bank had sold the stock.
–jeremy