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The Register: US Markets Warm to Linux Makers Over SCO

Feb 09, 2004, 23:00 (7 Talkback[s])
(Other stories by Ashlee Vance)

[ Thanks to Jason Greenwood for this link. ]

"If you are looking for evidence proving SCO's success in slowing down Linux momentum, you won't find it in the financial markets.

"We are nearing the first anniversary of SCO's lawsuit against IBM over the alleged misappropriation of Unix code in Linux. Since March 2003, SCO's shares have rocketed from around $2 per share to more than $13 today. That's a fantastic 52-week gain and proof that a certain class of investors see at least short-term merit in SCO's pursuit of IBM, Red Hat and Linux.

"But while SCO has enjoyed a solid run based on the premise of future financial gain, the company's shares have not faired so well against those of the major Linux companies in the past six months. In fact, as the US markets have surged, the gap between SCO shares and those of Red Hat and Novell has narrowed..."

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