Thursday, March 18, 2004
SCO Stock in Free-Fall...
Back before SCO began its lawsuit against IBM, their stock was trading in the $2 to $3 range... Now that it's almost a year later, it really looks like SCO's stock is on the downward side of a parabolic trajectory... just like you would see with a falling object in gravitational free-fall.
Their flurry of press-releases and their "innovative" theories on intellectual property and derivative works gave them enough of a kick to send their stock to $20 for a short time... But without significant victories for SCO in the near future it looks like they'll be back down to the $4 level (or lower) in just a couple months.
After the first anniversary has passed, all I'm expecting to hear out of Lindon, Utah is a giant "SPLAT" sound...