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TechNewsWorld: The Mystery of BayStar, Microsoft and SCO

Apr 28, 2004, 00:15 (17 Talkback[s])
(Other stories by Rob Enderle)

"SCO has just over US$60 million in resources to sustain it while it fights IBM in what clearly is one of the most volatile wars in the history of technology. What has been very interesting is that SCO publicly has been given almost no chance of winning, while privately the company has convinced several folks, including me, that it has a strong chance.

"One of the most interesting investors was BayStar Capital, which not only invested $20 million of its own money in the firm, but also prevailed on the Royal Bank of Canada, typically a conservative investor, to kick in another $30 million..."

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