[linux-elitists] Reading about the SCO stupidity on Slashdot..
Larry M. Augustin
Mon Jan 13 23:42:46 PST 2003
Um, I fail to see how buying the company is bad for them.
In fact, all that has to happen is a good sized block of shareholders just
refuse to sell, driving the price way up and creating a windfall for SCO
shareholders. Thus validating management's strategy by making the company
BTW, IANAL, but I don't think there's anything illegal about raising a bunch
of money and buying a company. Feel free. But it's exactly the wrong thing
> On Mon, 2003-01-13 at 07:49, Michael Bacarella wrote:
> > I imagined SCO to be a really tiny company, so I looked
> > it up. And it is! $215M market cap. No major stakeholder.
> > Imagine starting CORPORATE JUSTICE, Inc. Its sole purpose
> > is to collect donations from people who have been wronged by
> > public corporations. CORPORATE JUSTICE, Inc. will make it
> > loud and clear who the current target is, and how close they
> > are to being able to acquire a controlling stake in the company.
> > A realtime counter on their web site would be perfect (We are
> > approximately 3 days, 14 hours, 6 seconds from raising enough
> > money to acquire EVIL COMPANY. Help us bring justice faster
> > by donating!)
> > Stakeholders in EVIL COMPANY will panic, and dump stock, which
> > should lower its share price and make it even easier to take
> > over. Once CORPORATE JUSTICE, Inc. is in control, they LIQUIDATE
> > the company down to the floorboards, and pay back out to the
> > contributors what the liquidation made them (minus operating
> > costs).
> > A fitting demise for SCO would be if everyone who got a $96/cpu
> > letter from them instead donated to CORPORATE JUSTICE, Inc.
> > which acquired them, dissolved their patents, transferred SCO
> > accounts to SCO-to-Linux migration companies, and scattered
> > the remains of the company into the four winds.
> > Sounds like fun. Having SCO evaporate just for pulling
> > IP harassment would send a clear message to the rest of
> > Big Corporate America that they could be next.
> > Now how much of this is sickeningly illegal?
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