[ Thanks to Lars Hansen for this
link. ]
“Say what you will about the man, but Darl McBride, CEO of SCO
Group, has made a lot of people happy. Specifically, he’s made a
lot of investors in his Lindon, Utah, software company very happy.
SCO stock has been on a tear (shooting from a 52-week low of 78
cents to a recent high of $20.85), trading these days around
$16.40.“Most of the run-up can be attributed to McBride’s highly
controversial decision in March to sue IBM and other companies for
intellectual property violations involving SCO’s ownership of
Unix.“The specter of this relatively small ($215 million market cap)
company wielding lawsuits in the murky area of IP has instilled
confidence in investors that frequent some of the riskier sectors
of Wall Street…”