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Jonathan Cohen and SCO

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Jonathan Cohen and SCO
Topic: Economics 6:16 am EDT, Aug 30, 2003

] To many Linux fans in this post-Enron world, it seems odd
] that a stock like SCOX would be doing well at all given
] what has come out about the lawsuit, let alone doing so
] incredibly well. It may also seem odd that talking heads
] on TV or in the business press can hype a stock that
] seems even shakier than many of the dot-bombs, but
] apparently it can still happen. In a June 23 in
] BusinessWeek, we learn that Jonathan Cohen has invested
] in SCO stock and feels it will do well. The next day, he
] gives a good rating to SCOX on moneycentral.msn.com. By
] 30 June 2003, we see that he owns 167,500 shares of SCOX
] stock through Royce and Associates.

] So, our friend Jonathan Cohen is in charge of a Technology
] Fund that has invested in SCO stock. How heavily?
] According to Morningstar, SCOX represents over 5% of the
] total fund. According to the same link, SCOX is up over
] 900% (as of the morning of 29 August 2003) since Cohen
] bought the stock. In fact, Cohen, through the Royce fund,
] is the 5th largest institutional investor in SCOX stock.

Jonathan Cohen and SCO



 
 
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