[Leaplist] SCOX delisting imminent, closed at $0.20!
Darren Humphrey
improv_darren at yahoo.com
Thu Sep 20 20:43:38 EDT 2007
Here's something every Linux user with $20 can do.
Buy 100 shares of SCOX.
You heard me right. BUY 100 SHARES OF SCOX.
Why would you do that? Well SCO is a publicly traded company. And last time I checked, every Linux user was a member of the public.
According to the NASDAQ website, SCO currently has a market capitalization of $4 million dollars. That means that if 100,000 Linux users each bought $20 worth of stock, then Linux users would own 50% of the shares of SCO.
As a shareholder:
1. they will be forced to send you an annual report
2. you can pay a fee to have a stock certificate
3 you can sue the directors if you believe they mismanaged their fiduciary responsibilities to you
4 you can vote your shares at the next annual meeting
5.- you can vote to fire Daryl Mc Bride
Just my 20 cents. Heck I might even be tempted to buy $40 just so my vote will count twice as much.
On a serious note, though since SCOX is going up your $20 investment will likely be worthless. But on the other hand, it's about the same price as a large pizza.
Darren
@troubleshooters.com> wrote:
On Thursday 20 September 2007 19:51, patrick wrote:
> San Francisco (IDGNS) - Quote "The stock exchange informed SCO on
> Tuesday that "the Company's securities will be delisted from Nasdaq on
> September 27, 2007, pending an appeal," SCO said in a statement .
>
> This comes as a result of SCO's recent filing for Chapter 11 bankruptcy
> protection, the company said.
>
> SCO's stock (SCOX) has been pounded since August 10, when it opened at
> $1.49. On Wednesday it closed at $0.20."
>
> Very sad to see a once prosperous Linux vendor go down the tubes, thanks
> to Darl McBride, evil idiot and takeover king. NOT!!!
>
> I have Caldera Linux in it's box on my shelf. Yeah, I installed it on a
> computer, in 1998, but, it was slower than I expected. Later, I learned
> of a small flaw that some idiot had introduced into that product.
>
> Perhaps there is a history with idiots at that company. Hehe...
What a shame. I liked SCO and Darl McBride a lot. They made their money the
hard way -- they litigated for it.
Oh well, we still have one remaining captain of industry, Microsoft.
SteveT
Steve Litt
Author: Universal Troubleshooting Process books and courseware
http://www.troubleshooters.com/
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