More statistical fun

Message ID: 253665
Posted By: div_2n
Posted On: 2005-04-08 13:31:00
Subject: More statistical fun
Recs: 18

The lowest price of SCOXE was $0.60 on 6/26/2002. Is it mere coincidence that the very next day (6/27/2002) that Darl McBride replaced Ransom Love? What do you think was on the board's mind that day?

Also very interesting is the month of August 2002. What took place in August? After a slow recovery of stock price from the low of $0.60 to $1.091 on 8/1/2002, by 8/30/202 the price had almost doubled to $1.98. So what caused a sudden spike? Well, you have to look in a Businessweek article to get a clue. Check out this tidbit:

"Q: So when did you first contact IBM?
A: The first time I had a discussion with IBM was shortly after I sent out the shareholder's letter. In August [2002], we went to LinuxWorld in San Francisco, and I met with their senior Linux executive at the time. It was just sort of a get-to-know-you session.... I laid out to him that we've got all this intellectual property, and you guys have done well with your IP rights. He said, "Oh yeah. We do over a billion dollars in business with that. Protecting your IP is a great idea."

In concept it was great, it wasn't until December when we came out and said here's where the problems are with Linux, and we have a program where you can deal with that."

http://yahoo.businessweek.com/magazine/content/04_05/b3868109_mz063.htm

There you have it. The beginning of the IP scam was August 2002.


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