TheStreet.com: SCO Group Hit by Double Whammy | Linux Today
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TheStreet.com: SCO Group Hit by Double Whammy

Written By
Web Webster
Web Webster
Dec 9, 2003

“Shares of SCO Group the company challenging the popular Linux
movement, fell sharply Monday after the company lost a court motion
Friday and postponed its earnings report.

“After trading as low as $15.10 intraday Monday, SCO shares
closed down $1.32, or 8%, at $15.27.

“Two events from Friday were feeding the selloff. First, SCO
lost a motion asking IBM for source code. The court also ruled SCO
must provide the code relevant to the case to IBM within the next
30 days…”

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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