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TheStreet.com: SCO Group Hit by Double Whammy

Dec 09, 2003, 17:00 (17 Talkback[s])
(Other stories by Ronna Abramson)

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"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..."

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