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SCOX flying into the ground, it seems

It looks like SCOX have flown into the ground with their latest Court motion; they have had a Judge agree that SCOX failed to comply with at least three direct Court orders in the case, and modulo some minor fan-dancing they appear to have lost every important argument and point — this despite their doomed legal reasoning being a very impressive swansong about nothing real.

SCOX shares are also dipping (5% the day I posted) as 3rd parties see the writing on the wall— er, the floor? — er... maybe, the stock charts?

Hopefully, this means that the evidently greedy, selfish, malicious and destructive wannabee-millionaires shoving the SCOX corpse along its course are running out of room to dodge, so they will soon be back to much more honourable occupations; perhaps like keeping cardboard boxes warm in remote junky alleys — if the other more-honourable box-heaters can be abused into putting up with them doing that.

Comments

Leon RJ Brooks said…
Gotta love the nett profit, as well... minus $35-and-a-bit billion USD on $36bn USD.

I guess that share price fall may be a reaction to those numbers on top of (well, beneath) everything else.
15 May, 2006 09:57
Leon RJ Brooks said…
...and at their current -36.55% average asset return rate, they are pretty much an epitaph after less than 3 years.

A small, low-cost epitaph, it has to be.
15 May, 2006 10:05
Leon RJ Brooks said…
The drop was despite one of SCOX's last-minute share-price-prop bids, which have been characteristic of the stock since at least the time they started pulling this big standover tactic. Without said prop-bid (whatever its proper name is), the real drop would have been much closer to 10%. That will not help their abysmal [non-]asset return rate.
15 May, 2006 20:31
Anonymous said…
but what about the SCAMP stack? Surely that is going to make them a *mint*.

yes, SCAMP sounds like TRAMP. I'm not sure what a TRAMP stack would be, but it'd probably involve something nicer than SCAMP.

Let's face it - SCAMP sounds like something you tell your kids not to pick at.

It gives me a warm feeling every time somebody moves off SCO.
15 May, 2006 22:32
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