Dollars and Jens
Sunday, March 14, 2004
Linux Legal Battle -- Still In Discovery
It's been a while since I caught up with the lawsuit between SCO and IBM (if you missed the earlier stories, see below). They're still in discovery. SCO, though, is buying back shares after having seen its price drop -- and why not? There's cash on the books, and the stock is essentially an option, what with limited liability and all. Also, mildly interesting but probably not material is this story:
Investment company BayStar Capital has confirmed ties between two Linux foes, saying Thursday that a Microsoft referral led to $50 million in BayStar funding for the SCO Group.Linux is a competitor with Microsoft's "Windows" product. If you didn't know that, you probably shouldn't be investing in this sector.
"Yes, Microsoft did introduce BayStar to SCO," a BayStar representative said
Thursday, declining to share further details and repeating the firm's earlier position that Microsoft did not actually invest money in the deal.
Previous References
A Premise Short of a Full Argument
Lawsuit News (continued)
IBM Subpoenas SCO Investors, Analysts
SCO Targets Torvalds, Stallman
Linux Lawsuit Update
SCO Group
