[linux-elitists] [SCO] Royce & Associates?

Jonathan Corbet corbet-elite@lwn.net
Wed Oct 8 11:17:54 PDT 2003


Today's fun SEC filing:

    http://www.sec.gov/Archives/edgar/data/1102542/000090630403000292/scox.txt

It would appear that, as of September 30, Royce & Associates LLC holds over
1.4 million shares of SCO.  There are 13.5M shares outstanding, so Royce
now owns over 10% of the company.  That's also almost 20% of the 7.5M
shares said to be in circulation.  The acquisition of so many shares would
explain a lot about the company's stock price.

Google is not tremendously helpful in this case; they appear to be a
"micro-cap" mutual fund manager; they are owned by "Legg Mason."  Anybody
know any more which might give some insight into why they bought so much of
this stock?

jon



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