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Old 09-07-2006, 08:33 AM   #1
LXer
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LXer: SCO's Financial Figures: Same Arrow Pointing the Same Way. Down.


Published at LXer:

It's those dratted legal expenses again, I think, although they are down a bit, but still in the millions this quarter. "Because of the unique and unpredictable nature of this litigation, the occurrence and timing of litigation-related expenses is difficult to predict, and will be difficult to predict in the future," they say in their press release.

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Old 09-07-2006, 08:36 AM   #2
sundialsvcs
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It is certainly a demonstration of how a good lawyer can squeeze every drop of juice out of a company, so that nothing but a dry and empty husk remains for whatever shareholders or creditors might be left.

SCO tried a preposterous "fraud on the market" at the behest of these lawyers, and I guess the officers feel they must press on to avoid going to jail.

I observe, of course, that lawyers on both sides are happily "milking a dead cow" with motion upon motion, brief upon brief. Call it "fees," call it "expenses," call it whatever you want to: I call it money. Lots of money for everyone, except the customers and stakeholders of the actual company, as long as the litigation never actually ends...

Last edited by sundialsvcs; 09-07-2006 at 08:39 AM.
 
  


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