[ale] BayStar wants SCO to repay loan

[Robert Heaven]

There's an even better story on this at NewsForge
http://business.newsforge.com/article.pl?sid=04/04/23/0947205&mode=nested&tid=85

Where BayStar states outright... "It's questionable whether SCO Group
should continue in the (Unix) market," McGrath said. "We're looking for
the best return we can, and we think the focus should be on IP licensing
(and enforcement)."

On Sat, 2004-04-24 at 18:42, Robert Heaven wrote:

> I would have to agree about the bottom feeder analogy. The first
> paragraph of the story says it all...
> 
> "BayStar Capital Management LLC believes SCO needs to hire executives
> with more savvy about intellectual property cases and spend less money
> on its Unix products, BayStar spokesman Bob McGrath said."
> 
> This sounds like BayStar would like to get rid of all the technology
> people in SCO and have the company consist of nothing but a small
> group of litigating lawyers.
> 
> Or, maybe BayStar really does understand that SCO has no products or
> assets of any value other than the "slim" possibility of some kind of
> Intellectual Property ownership.
> 
> On Sat, 2004-04-24 at 16:26, tfreeman at intel.digichem.net wrote: 
> 
> > On Sat, 24 Apr 2004, Greg wrote:
> > 
> > > Like rats abandoning the sinking ship ...
> > > 
> > > http://www.cnn.com/2004/TECH/biztech/04/23/sco.investment.ap/index.html
> > > 
> > 
> > Much as I would love to see SCO sinking slowly in the eastern sunset 
> > (doing it the hard way) as the rats desert ship, I also want to see 
> > BayStar loose the entire invested wad. Bottom feeders are a necessary part 
> > of the business ecology, but they don't need to be encouraged.
> > 
> > IMHO, and other standard disclaimers.
> 
> 
> 
> ______________________________________________________________________
> 
> _______________________________________________
> Ale mailing list
> Ale at ale.org
> http://www.ale.org/mailman/listinfo/ale
-------------- next part --------------
An HTML attachment was scrubbed...