Linux Co. sues IBM for using Linux!
Message ID: 200957
Posted By: crunchie812
Posted On: 2004-10-30 12:52:00
Subject: Linux Co. sues IBM for using Linux!
Recs: 18
There is no SCO. The Santa Cruz Operation is no more. The non-Unix portion of that company is now Tarantella. The Unix portion was bought by Canopy-controlled Caldera, a Linux distributor, developer, and contributor, with its IPO proceeds.
This was an attempt to combine a failing Linux business with a failing Unix business into a profitable whole. Under good, independent leadership this may have been possible. Unfortunately Ralph Yarro gutted and dismembered this combined entity by spinning off and selling its bests hopes, leaving a more rapidly failing company.
Darl McBride was brought in when the hemmoraging pig was a few quarters away from becoming a bloodless carcass. There are many executives who are known for their ability to come into an ailing organization and restoring it to profitability. Darl McBride is not one of them. He is primarily known for being fired from Ikon after wasting millions on useless aquisitions, getting fired, and successfully suing them.
Darl McBride's turnaround plan was to get bought out. He bungled that as thoroughly as he bungled at Ikon. He overplayed his hand with a suit against IBM,making the company essentially unsellable, but generating enough publicity to execute a punp and dump scam, kiting the stock price briefly as high as $22.
And here we are.....
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The text of this Yahoo Message Board post has been licensed for
copying and distribution by the Yahoo Message Board user "crunchie812"
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License: CC Attribution-NonCommercial-ShareAlike v2.0
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Posted By: crunchie812
Posted On: 2004-10-30 12:52:00
Subject: Linux Co. sues IBM for using Linux!
Recs: 18
There is no SCO. The Santa Cruz Operation is no more. The non-Unix portion of that company is now Tarantella. The Unix portion was bought by Canopy-controlled Caldera, a Linux distributor, developer, and contributor, with its IPO proceeds.
This was an attempt to combine a failing Linux business with a failing Unix business into a profitable whole. Under good, independent leadership this may have been possible. Unfortunately Ralph Yarro gutted and dismembered this combined entity by spinning off and selling its bests hopes, leaving a more rapidly failing company.
Darl McBride was brought in when the hemmoraging pig was a few quarters away from becoming a bloodless carcass. There are many executives who are known for their ability to come into an ailing organization and restoring it to profitability. Darl McBride is not one of them. He is primarily known for being fired from Ikon after wasting millions on useless aquisitions, getting fired, and successfully suing them.
Darl McBride's turnaround plan was to get bought out. He bungled that as thoroughly as he bungled at Ikon. He overplayed his hand with a suit against IBM,making the company essentially unsellable, but generating enough publicity to execute a punp and dump scam, kiting the stock price briefly as high as $22.
And here we are.....
------------------------------------------------------------
The text of this Yahoo Message Board post has been licensed for
copying and distribution by the Yahoo Message Board user "crunchie812"
under the following license:
License: CC Attribution-NonCommercial-ShareAlike v2.0
------------------------------------------------------------