Well SCO carries on for now (but not for long)…

If you don’t know SCO (Public, NASDAQ:SCOX) (the evil, maniacal, wrongfully sue-happy, Microsoft funded anti-linux company, The SCO Group) you can read a bit in my first post. It seems we’ve had an interesting turn of events the last couple of days (barely).

After being warned of a de-listing from the Nasdaq (who weren’t too happy about their filing bankruptcy or their dismal $0.16 stock price) on September 27th, they’ve been granted a stay until a November 8th de-listing appeals hearing. They then proceeded with a “changing of the guard” by losing, then replacing, the CFO and by promoting Sandy Gupta to president of SCO Operations, inc. Nothing like a shuffling of the deck and new dealer when they don’t fall your way.

Speaking of monkeys (obscure Blackjack joke), Darl also stepped up to the podium this week to add whatever help to the calming of the investors. “Exciting new stuff up ahead in the future that you can’t be unsure of yet,” I said, sarcastically pretending to quote Mr. McBride. I must have worked to, as their stock climbed an incredible 5.59% yesterday. Oh, wow, that puts them up to a whopping $0.17!

For those of you who would like to read in more (call it: different) detail, you can find a couple links below:

The SCO Group Promotes Sandy Gupta to President, SCO Operations Inc.

and

SCO Loses CFO, Gets Another NASDAQ Warning

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October 4th, 2007 2:56 pm

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