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Groklaw: Decatur Jones' Dion Cornett on SCO

Jan 30, 2004, 15:00 (10 Talkback[s])
(Other stories by Dion Corbett)

"We believe it is now unlikely that SCO will generate meaningful end-user SCOSource revenue in 2004.

"Investment Considerations:

  • "Yesterday an industry consortium of Open Source-related companies (OSDL) announced an IP defense fund for endusers;
  • "In conjunction with its closing of the SuSE acquisition, Novell announced an indemnification program for its customers;
  • "We have cut our previous SCOSource revenue estimate of $7 million by 90%;
  • "Our new FY04 GAAP EPS estimate is a loss of ($.43) down from a $.20 profit;
  • "Our new target price is $5 down from $8;
  • "We maintain our Underperform rating..."

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