[Leaplist] SCOX delisting imminent, closed at $0.20!
Bob Foxworth
rfoxwor1 at tampabay.rr.com
Fri Sep 21 06:05:41 EDT 2007
>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.
You guys, I believe, missed the point of this.
The point is NOT to make an investment. This
is "throwaway money". But I think we can agree
that $20 of "throwaway money" meets the
sanity check level for most of us. $500 would not
meet that test.
And it does not matter, in this context, if one bought
shares from SCO's treasury, or from a New York
floor trader.
The point was right there in the opening of Steve's
post, quoted above. The point was for 100,000
linux users to be able to pull Darl's chain for
as long as we could. To the extent that any
group of shareholders could do to any company.
One of those things is the right to attend the
annual meeting. And ask questions.
Granted many of us are probably not going to
travel to Lindon UT to do this (in 2004 I actually
was once inside SCO's lobby out there. I can provide
exact GPS coords if you want to do your own recce
mission, launch ICBM or whatever). But if you are
a shareholder, you CAN attend the meeting. Etc etc.
But I guess that linux users, being linux users (see:
analogy to "herding cats") that none of this will
ever happen.
Steve, it was a good thought.
- Bob
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