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Bruce Perens writes "Business Week has confirmed that Microsoft arranged the Baystar investment in SCO. A managing partner of Baystar says the call wasn't from Gates or Ballmer. But it wouldn't have to be, would it? Obviously, there's more investigation to do." Reader skreuzer writes "Yahoo Finance is reporting that SCO announced that the company's board of directors has authorized management, in its discretion, to purchase up to 1.5 million shares of SCO's common stock over the next 24 months. SCO has approximately 14.4 million shares of common stock issued and outstanding. Any repurchased shares will be held as treasury stock and will be available for general corporate purposes." Newsforge (which is also part of OSDN) is also following the story.
some people could get in some pretty big trouble over this. looking at the document in question, it looks like some funny little games are being played with stocks, a BIG no-no here in the US, just ask martha stewart
haha, thats funny, and so is the martha stewart thing!!
Microsoft and SCO are really becomeing disliked, i mean fair play to microsft, the whole common enemy and everything, as sco no longer have any money.
Do you think that this whole ms funding SCO is going to go on, because if SCO continue to hassle big companies like IBM, DELL and HP Compaq, then they are just going to fall out with M$ and then look into linux big time.
I mean IBM steer clear of Microsoft whenever they can now, dont they?
Watch out mr gate - your freindship with SCO is going to make you alot of big and powerful enemies.
no, this is going in gates' favor all the way. The whole reason he even backed this was to spread FUD about using linux. Whether SCO dies or not, doesnt matter to MS, they are just a puppet, really
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