The Register: US Markets Warm to Linux Makers Over SCO
Feb 09, 2004, 23:00 (7 Talkback[s])
(Other stories by Ashlee Vance)
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[ Thanks to Jason
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"If you are looking for evidence proving SCO's success in
slowing down Linux momentum, you won't find it in the financial
"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..."