[linux-elitists] SCO stock two-step
Karsten M. Self
Thu Jul 31 01:16:32 PDT 2003
on Wed, Jul 30, 2003 at 02:14:49PM -0700, Nick Moffitt (email@example.com) wrote:
> (via clickolinko)
> > Senior SCO Group executives have been dumping their personal
> > holdings in the company since June, U.S. Securities and Exchange
> > Commission (SEC) filings have revealed.
> > Some commentators have suggested the company made the legal claims
> > against IBM in order to boost its share price so it could use the
> > stock to acquire Vultus, a web services company.
Vultus was held majority shares by Canopy Group.
What the shell game _did_ provide for, per the analysis I read, was for
Canopy to retire much debt associated with Vultus.
Stock dilution is also coming to be an issue.
Karsten M. Self <firstname.lastname@example.org> http://kmself.home.netcom.com/
What Part of "Gestalt" don't you understand?
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