February 10, 2005

IBM v/s SCO

For those following the lawsuit between the Santa Cruz Organization and International Business Machines, the latest shoe to drop came when the Judge in the case noticed that SCO didn't have any evidence... Hat tip to tech dirt for this wowzer: bq. Judge Notices SCO Doesn't Actually Have Any Evidence Against IBM It's only been two years since SCO sued IBM over the Linux source code, and while it's been pointed out repeatedly in a variety of sources, it's only now that a judge has noticed that SCO seems to have no evidence at all, leading to a fairly scathing rebuke: "Viewed against the backdrop of SCO's plethora of public statements concerning IBM's and others' infringement of SCO's purported copyrights to the Unix software, it is astonishing that SCO has not offered any competent evidence to create a disputed fact regarding whether IBM has infringed SCO's alleged copyrights through IBM's Linux activities." However, the judge still refused to grant a summary judgment to IBM, but you have to wonder how SCO can hope to have much of a chance at this point. Of course, in the intervening two years, SCO has managed to waste an awful lot of peoples' time and money in this wild goose chase. To get a better picture of what we are dealing with let's look at their five year stock prices:
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You are looking at a nice IPO and then the overall realization that their product was pretty mediocre and overpriced (they got some technology from AT&T's Unix program). In 2003 they initiated their lawsuit which did a nice little runup of stock prices with a lot of people buying at that initial bump and then the majority of people selling (look at the traffic graph at the bottom) and... very interestingly... a very short period pf people who transacted (presumable sold) at the very point where the stock prices started to go down again. The stock is basically moribund at around $4 and change. Posted by DaveH at February 10, 2005 9:25 PM
Comments

The site to watch as the wheels of justice grind SCO into an inhalation hazard is: http://www.groklaw.net

Posted by: Al at February 11, 2005 10:28 AM
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