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SCO Downsizing, Worries About Hostile Takeover, Caps Legal Fees

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SCO Downsizing, Worries About Hostile Takeover, Caps Legal Fees
Topic: Business 1:29 pm EDT, Sep  1, 2004

]
] SCO's 3rd quarter teleconference is eye-opening.
] Participants were Darl McBride and CFO Bert Young. They
] are having to do some belt-tightening, poor things. They
] have been bleeding money to their lawyers. $7.3 million
] in the last quarter alone. And SCOSource is not bringing
] in anything like what they are spending to try to get
] income from it.

Groklaw on the conference call.

SCO Downsizing, Worries About Hostile Takeover, Caps Legal Fees



 
 
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