Senior SCO executives have been dumping personal holdings in firm since June, US Securities and Exchange Commission (SEC) filings show. Since SCO launched legal action against IBM, its share price has sky-rocketed. [ZDNet CNET News.com]
SCO executives keep slowly cashing in their stock to benefit from its current, inflated price; total 93, 000 shares sold since suit filing, net $782, 000 earnings. Table with links. Forum comments. [LWN: Linux Weekly News]
Big investors revise terms of capital-injecting contracts; can now veto the 20% that David Boies, et al get if SCO wins or is bought out; Wall Street reevaluates potential. [Linux Online]
Two outside stockholders, John R. Wall, Morgan Keegan and Co., decided to dump 1 million shares they held. SCO executed full registration process, at its expense, to facilitate this, yet proceeds go to sellers. Forum comments. [LWN: Linux Weekly News]
New regulations made it harder for small-cap companies to get noticed; this is not the case for SCO. The big question is will SCO investors survive this dispute? [Motley Fool.com]
Strong buy recommendation from Renaissance Ventures, LLC. Suggests in part why SCO stock has risen during the lawsuit period. [Renaissance Research Group]
Report titled: Handicapping the SCO-vs.-IBM Lawsuit. Seeks to reinforce conclusions of strong buy recommendation. Suggests in part why SCO stock has risen during the lawsuit period. [Renaissance Research Group]
New S-3 filed as part of BayStar deal, allows for converting BayStar preferred stock to regular stock, so SCO had to register another 3.85 million shares for sale. [US Security and Exchange Commission, SEC]
Full document, agreement said to involve minority investor BayStar Capital ($20 million), and majority investor Royal Bank of Canada ($30 million). [US Security and Exchange Commission, SEC]