"If you follow the tech industry at all, you're familiar with serial lawsuit filer SCO Group. Growing out of Linux software provider Caldera, SCO reinvented itself as a UNIX provider, and then it made another frightening transformation into the world's Linux bogeyman by threatening to sue anyone on the planet who uses Linux without sending SCO a check. It has also made itself something of a laughingstock by suing much bigger firms like IBM, DaimlerChrysler, and AutoZone over a variety of licensing issues.
"It's tough to imagine, but this quarter's numbers are even worse than last quarter's stinkers. Revenues fell more than 52%. The prior year's $0.33 per share profit turned into a whopping loss of $1.06 per stub. This abysmal mess was 'consistent with expectations,' according to the release..."
"This morning, however, McBride had to face the music with shareholders during the Unix vendor's quarterly earnings call, where he reported sharply reduced earnings and sparse revenue from the company's licensing business.
"McBride put the blame squarely on his rivals for raising doubts in the minds of potential licensees about the legitimacy of SCO's ownership of System V Unix. SCO has levied a $5 billion suit against IBM, alleging that Big Blue illegally contributed Unix code to the Linux kernel..."
