Novell Says SCO Bankruptcy "Imminent"; SCO Calls "FUD" Jan 10, 2007, 13 :00 UTC (6 Talkback[s]) (5692 reads)
Groklaw: Novell Tells Court: For SCO Bankruptcy is "Inevitable" and "Imminent"
"But the big news is that in Novell's Redacted Reply to SCO's Opposition to Novell's Motion for Partial Summary Judgment or Preliminary Injunction, Novell informs the court, on page 15, that for SCO bankruptcy is inevitable and imminent:
"For SCO, bankruptcy is inevitable; it characterizes its assets as merely those 'remaining' and does not rebut Novell's arguments that its bankruptcy is imminent.
"SCO spokesperson Blake Stowell refuted the Novell allegations.
"'This is unquestionably Novell FUD [fear, uncertainty and doubt] and irresponsible of them to make such comments,' Stowell told internetnews.com. 'We will report our Q4 results on Jan. 17 and all aspects of our business at that time...'"