[ILUG] ``SCO reports "improved performance," Bigfoot sighting''

[Brian Foster]

Good Morning Silicon Valley
 Published: Wednesday September 1, 2004

 SCO reports "improved performance," Bigfoot sighting
   By John Paczkowski

     "The quarter can best be described as one where the
      company was firing on all cylinders from improved
      performance in the UNIX business to enhanced
      financial discipline and greater investment in our
      legal case."

 That was SCO CEO Darl McBride's remarkable comment on a
 quarter in which the beleaguered Unix company saw a 44
 percent decline in revenue.  For its third fiscal quarter,
 SCO reported a net loss of $7.4 million.  That's a sharp
 contrast to a year ago, when the company reported a
 profit of $3.1 million on revenue of $20.1 million.  The
 loss was largely due to legal fees associated with the
 company's campaign against Linux and its largely
 unsuccessful efforts to sell Unix intellectual property
 licenses to Linux users.  Clearly, all is not well in
 Lindon.  Indeed, with its cash reserves dwindling and its
 share price in the doldrums, SCO's board has approved a
 revised shareholder rights plan designed to prevent
 hostile takeovers.  [ ... ]

   Good Morning Silicon Valley is written and edited with
   the able assistance of John Murrell.

http://www.siliconvalley.com/mld/siliconvalley/business/columnists/gmsv/9554744.htm

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