Bloomberg/The Salt Lake Tribune: SCO Execs Unloading Shares

“SCO Group executives have sold about 119,000 shares of their
company since it filed a lawsuit against IBM in March and the stock
price increased more than fourfold…

“Chief Financial Officer Robert Bench began the $1.2 million in
executive share sales four days after Lindon -based SCO filed its
lawsuit against Armonk, N.Y.-based IBM on March 6. Before Bench’s
sale, SCO insiders had not sold shares in more than a year,
according to the Washington Service, a firm that tracks insider
transactions.

“‘Insider sales picking up is a negative sign,’ said Richard
Campagna, who helps manage $750 million as director of research for
Cleveland-based Shaker Investments. Shaker, which owns no shares of
SCO, has stakes in computer-related companies including Flextronics
International…”

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