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By Steven Vaughan-Nichols  |  Posted 2005-02-18 Email Print this article Print
 
 
 
 
 
 
 


Although some, like Alex Ionesco, a kernel developer for ReactOS, wondered whether the reason SCO hasnt turned in its financial reports is that it is hiding something, Will Rodger, director of public policy for the Open Source and Industry Alliance, a Washington-based association that tracks and tries to influence government policy toward open source, doesnt think theres much mystery here. The reporting failure is important, but "NASDAQ has a policy of delisting companies based on weak stock prices," said Rodger.
Because of its recent poor quarters; the uproar in the executive suite of its parent company, the Canopy Group; and the fact that SCO has little to show from its lawsuits, "NASDAQ probably thinks theyre not financially stable enough to be on the exchange," Rodger said.
Ex-Canopy executives are suing the company. Click here to read more. Even if SCO is delisted—something that the Lindon, Utah, company plans to fight—one observer doesnt see the SCO/IBM lawsuits ending. Jeremy Allison, one of the founders of the Samba project, a set of programs that enable Unix and Linux users to use the CIFS (Common Internet File System) protocol, which Microsoft Windows uses for such bread-and-butter network jobs as file sharing and printing, sees IBM pursuing its case against SCO to the bitter end.
"Even if SCO is delisted, IBM wont stop until theyve salted the soil of Lindon, Utah," said Allison. "It will be like Keyser Soze [the arch-villain from the movie The Usual Suspects]." Quoting from the movie, Allison said, "He kills their kids, he kills their wives, he kills their parents and their parents friends. He burns down the houses they grew up in." Another open-source industry figure added, "Once IBM countersued and brought in patent claims against SCO, you knew it was all over. Its like kicking a pitbull. No matter what else happens, youre going to end up a mess." The market meanwhile was underwhelmed by the news of SCO NASDAQ troubles. SCOs stock dropped only 22 cents a share (5.12 percent) on the news with only light trading. Check out eWEEK.coms for the latest open-source news, reviews and analysis.


 
 
 
 
Steven J. Vaughan-Nichols is editor at large for Ziff Davis Enterprise. Prior to becoming a technology journalist, Vaughan-Nichols worked at NASA and the Department of Defense on numerous major technological projects. Since then, he's focused on covering the technology and business issues that make a real difference to the people in the industry.
 
 
 
 
 
 
 

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