The judge ruled today that Novell, not SCO, owns the Unix copyrights. SCO stock tanked almost 80% in about fifteen minutes.
Powered by Dreamwidth Studios
Style Credit
- Style: Blue for Drifting by Jennie Griner
- Resources: OSWD design
The judge ruled today that Novell, not SCO, owns the Unix copyrights. SCO stock tanked almost 80% in about fifteen minutes.
no subject
Of course, for them a near-80% stock slide amounts to thirty-six cents.
The more I read about economics, the more I think the Efficient Markets hypothesis is a pretty good approximation of reality. As new information enters the market, the market adjusts at its maximum possible rate.
In the information age, the adjustment rate is measured in a significant fraction of c. :)
no subject
no subject
no subject
<Alaric> Is it still schädenfreude if it's SCO's misery that you're reveling in?
<ang> Yes, but it's the *good* kind.
no subject
no subject
no subject
no subject
no subject
#
no subject
no subject
no subject
When they were listed, their ticker used to SCOX. They changed to SCOXQ when they went into bankruptcy. Then, when they got delisted, it went to SCOXQ.PK, meaning that they've been Pink Listed. So they're not really on the exchange, but since they're still technically a public company and people can still technically trade them, their values are tracked on sites like Yahoo Finance. It's not the same as being on the NYSE, though.
no subject