"I'm not sure that is accurate. According to what I've found, as
I'll show you, Novell put out a press release early in the morning,
apparently even before the market opened, and yet IDG reported that
same day that the stock at mid-morning was trading *up* by
"By the end of the day, the stock was down, for sure, but what
made it happen? We can only guess. SCO also put out a prepared
statement in the morning, almost immediately after Novell's, and
then at 11 AM, SCO held a conference call. If the stock went down
by the end of the day, who is to say that it wasn't the conference
call that caused it? Or SCO's prepared statement, for that matter?
Or some combination of all of them? What is SCO's basis for its
claim that it was Novell's statement that caused the stock to
"plummet"? At any rate, piecing together all the evidence I have
collected, I am unable to confirm that the stock plummeted within
two hours of Novell's statement, and I see indications that it
didn't happen that way. I will show you what I found so you can
draw your own conclusions.
"Again, here's the IDG article, published, it shows, at 10:12 AM
on May 28, 2003, and notice it says the stock was up at that point.
It also mentions the 11 AM conference call as something that had
not yet begun:"