SCO Loosing Money

Aw what a shame. Quoting from Computer Business Review Online
“SCO went into the red to the tune of $3.6m in the quarter, for a loss of 17 cents a share. For the nine months of fiscal 2006, SCO booked $21.9m in sales, down 20%, and a net loss of $12.9m, compared to a net loss in the first three months of fiscal 2005.”

They deserve to file for chapter 11 and hopefully it will happen soon. They have put aside $15 million for the law suite against IBM in 2007. That’s insane amount of money.

About Danny

I.T software professional always studying and applying the knowledge gained and one way of doing this is to blog. Danny also has participates in a part time project called Energy@Home [http://code.google.com/p/energyathome/] for monitoring energy usage on a premise. Dedicated to I.T since studying pure Information Technology since the age of 16, Danny Tsang working in the field that he has aimed for since leaving school. View all posts by Danny → This entry was posted in News. Bookmark the permalink.

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