Investors' update
Message ID: 272493
Posted By: karl_w_lewis
Posted On: 2005-06-09 07:52:00
Subject: Investors' Update
Recs: 36
So, for those of you (and I assume there are not many), who are perhaps considering signing up to be bag holders for this piece of stuff stock there are a few relevant facts to keep in mind...
1) Caldera is suing IBM for having helped to "destroy" a billion dollar investment in UNIX. The claimed value of that investment is the basis for Caldera's claim that IBM is liable for billions in damages, and the stock scam is dependent upon potential bagholders expecting a piece of that pie [in-the-sky]. Any potential investor should consider Caldera's own SEC filings which indicate that the rights to UNIX which it purchased from the Santa Cruz Operation were worth, by their own accounting, a *little* less than a billion dollars... in fact, just 5.8 million dollars.
see: http://www.sec.gov/Archives/edgar/data/1102542/000104746903003091/a2101798z10-k.htm
2) Caldera claims to have the right to terminate IBM's right to distribute AIX. This claim is intended to assure investors that IBM will be forced to settle with Caldera since IBM makes a great deal of money from AIX. Oddly, Caldera has never asked the court for an injunction against IBM's continued distribution of AIX. Instead, perversely, they have publicly claimed that permitting IBM to continue to distribute AIX only increases the damages that will eventually be awarded. IANAL - I would recommend that any potential bag holder consult a real attorney about the likelihood of that strategy working in a U.S. Court.
3) Caldera's latest addtions to their Board of Directors are a pair experienced businessmen. What kind of experience? Well, you know, the companies they left are bankrupt and/or under Federal investigation for, among other things, defrauding investors.
4) If you invest in this stock scam, no one, not even your own mother is going to have any sympathy for you, at all, once Ralphie has walked away with your money. On the bright side, your losses in this scam are likely to be limited to only what you choose to spend purchasing this stock, plus the harm done to your reputation; you'll be marked for life as an easy mark.
KWL
Disclaimer: I am neither a financial analyst nor a licensed professional financial advisor. (But you know, a stock scam is not a complex thing to recognize.) Your mileage may vary. Past performance is no guarantee of future performance. (The fact that Caldera has no history of profitable operations doesn't mean that it *couldn't* happen; but the safer bet is that that *will* continue.) Reality distortion fields, alien invasions and/or psychoactive drugs in the Court's water supply *might* materially alter the outcome of the court case. (Short of that though, it is a ppretty clear loser for the boys from Lindon.)
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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
"karl_w_lewis" under the following license:
License: CC Attribution-NonCommercial-ShareAlike v2.0
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Posted By: karl_w_lewis
Posted On: 2005-06-09 07:52:00
Subject: Investors' Update
Recs: 36
So, for those of you (and I assume there are not many), who are perhaps considering signing up to be bag holders for this piece of stuff stock there are a few relevant facts to keep in mind...
1) Caldera is suing IBM for having helped to "destroy" a billion dollar investment in UNIX. The claimed value of that investment is the basis for Caldera's claim that IBM is liable for billions in damages, and the stock scam is dependent upon potential bagholders expecting a piece of that pie [in-the-sky]. Any potential investor should consider Caldera's own SEC filings which indicate that the rights to UNIX which it purchased from the Santa Cruz Operation were worth, by their own accounting, a *little* less than a billion dollars... in fact, just 5.8 million dollars.
see: http://www.sec.gov/Archives/edgar/data/1102542/000104746903003091/a2101798z10-k.htm
2) Caldera claims to have the right to terminate IBM's right to distribute AIX. This claim is intended to assure investors that IBM will be forced to settle with Caldera since IBM makes a great deal of money from AIX. Oddly, Caldera has never asked the court for an injunction against IBM's continued distribution of AIX. Instead, perversely, they have publicly claimed that permitting IBM to continue to distribute AIX only increases the damages that will eventually be awarded. IANAL - I would recommend that any potential bag holder consult a real attorney about the likelihood of that strategy working in a U.S. Court.
3) Caldera's latest addtions to their Board of Directors are a pair experienced businessmen. What kind of experience? Well, you know, the companies they left are bankrupt and/or under Federal investigation for, among other things, defrauding investors.
4) If you invest in this stock scam, no one, not even your own mother is going to have any sympathy for you, at all, once Ralphie has walked away with your money. On the bright side, your losses in this scam are likely to be limited to only what you choose to spend purchasing this stock, plus the harm done to your reputation; you'll be marked for life as an easy mark.
KWL
Disclaimer: I am neither a financial analyst nor a licensed professional financial advisor. (But you know, a stock scam is not a complex thing to recognize.) Your mileage may vary. Past performance is no guarantee of future performance. (The fact that Caldera has no history of profitable operations doesn't mean that it *couldn't* happen; but the safer bet is that that *will* continue.) Reality distortion fields, alien invasions and/or psychoactive drugs in the Court's water supply *might* materially alter the outcome of the court case. (Short of that though, it is a ppretty clear loser for the boys from Lindon.)
------------------------------------------------------------
The text of this Yahoo Message Board post has been licensed for
copying and distribution by the Yahoo Message Board user
"karl_w_lewis" under the following license:
License: CC Attribution-NonCommercial-ShareAlike v2.0
------------------------------------------------------------