The Register: US Markets Warm to Linux Makers Over SCO | Linux Today

The Register: US Markets Warm to Linux Makers Over SCO

Written By
Web Webster
Web Webster
Feb 10, 2004

[ Thanks to Jason
Greenwood
for this link. ]

“If you are looking for evidence proving SCO’s success in
slowing down Linux momentum, you won’t find it in the financial
markets.

“We are nearing the first anniversary of SCO’s lawsuit against
IBM over the alleged misappropriation of Unix code in Linux. Since
March 2003, SCO’s shares have rocketed from around $2 per share to
more than $13 today. That’s a fantastic 52-week gain and proof that
a certain class of investors see at least short-term merit in SCO’s
pursuit of IBM, Red Hat and Linux.

“But while SCO has enjoyed a solid run based on the premise of
future financial gain, the company’s shares have not faired so well
against those of the major Linux companies in the past six months.
In fact, as the US markets have surged, the gap between SCO shares
and those of Red Hat and Novell has narrowed…”

Complete
Story

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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