"There are only so many times you can cheat the reaper.
"In the case of embattled Unix vendor SCO, it appears as though
time has run out for its life as a publicly listed company on the
NASDAQ stock exchange.
"Effective the open of business today, NASDAQ has delisted SCO's
publicly traded stock, which had traded under the symbol SCOX. At
the close of business yesterday, shares of SCOX traded at a closing
price of $0.18. During the last 52 weeks, shares of SCOX had ranged
from $0.15 to $2.21. At the close of market yesterday, the stock
had nearly 21.5 million shares outstanding..."
"All those Mesirow and legal hours working on the SEC delisting
did not pay off. SCO announces today that Nasdaq has sent them a
letter. SCO will be delisted as of December 27. They found out on
the 21st, it seems, but they tell us today. Here's the press
release, where they once again describe themselves as "a leading
provider of UNIX software technology and mobile services". Here's a
"SCO owns the core UNIX operating system, originally developed
by AT&T/Bell Labs and is the exclusive licensor to UNIX-based
system software providers.
"Too bad they claimed so much more, because the end game isn't
turning out to be so much fun for them..."