[ale] OT: investor dumps SCO

Byron A Jeff byron at cc.gatech.edu
Mon Apr 19 07:45:57 EDT 2004


On Mon, Apr 19, 2004 at 05:46:01AM -0400, Geoffrey wrote:
> I've not seen this posted:
> 
>  "The major speculator backing The SCO Group's legal jihad against 
> Linux wants its money back. Marin County, California-based equity fund 
> BayStar Capital invested $50 million in SCO back in October, confident 
> that the Utah firm had a strong legal case. Now Baystar says SCO has 
> breached the agreement and wants to redeem its investment, which takes 
> the form of 20,000 shares of SCO's Series A Convertible Preferred Stock. "
> 
> http://www.theregister.co.uk/2004/04/16/baystar_sco/

[Stepping on soapbox while clearing throat...]

Caveat Emptor

[stepping down.]

BAJ



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