The Salt Lake Tribune: SCO Stock Tumbles on Letter
Apr 20, 2004, 14:00 (11 Talkback[s])
(Other stories by Bob Mims)
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"Still reeling from a major investor's call for the return of
its $20 million investment, SCO Group's stock plunged to $7.77
Monday--its lowest price in nearly 11 months.
"The Lindon software company's shares have tumbled $2.23 since
BayStar Capital's Thursday letter demanding immediate redemption of
20,000 shares of SCO's Series A-1 Convertible Preferred Stock. SCO
stock has not sold for less than $7.77 since June 4, when it traded
at $6.60 per share..."