It's garbage time now for SCO. Those of you who follow basketball know exactly what I mean. This is when the winning team, Linux, and its chief champions in the SCO lawsuits. Novell and IBM, can send in the reserves from the end of the bench. SCO's lawsuits are smashed to bits.
As the clock ever so slowly winds down, SCO is now dumping what was once its heart, its Unix OpenServer and UnixWare business, and its newer mobile software, to continue its forlorn lawsuits. SCO has filed a new reorganization plan with the federal bankruptcy court in Delaware on January 8th.
CEO Darl McBride explained this latest twist in a public letter. McBride explained that, "SCO has been working over the past nine months with several investment groups to formulate an investment plan. With the tightening of the world financial markets, it has been difficult to secure a plan sponsor prior to the restructuring plan filing deadlines." You think? "However, SCO continues to work with investment groups who could potentially come forward with an investment plan to acquire certain SCO assets."
Actually, SCO has been looking for someone foolish enough to pour money down its legal rat-hole for over a year. Last February, SCO thought it had found its patsy, Stephen Norris & Co. Capital Partners and its Arabian oil billionaire friends. These buddies of Bill Gates backed out of the deal and SCO has been looking for an idiotic investor ever since.
The idea that someone would actually invest tens of millions of dollars in SCO is silly. The idea, that, in this economy, anyone would pour serious cash into SCO is ridiculous. It's hard enough to get anyone to invest in good companies. Invest in SCO? Get real.
Despite this, some SCO apologists, like Maureen O'Gara, still think that, "All [SCO] needs to turn is one good trick." Eh, SCO hasn't managed to pull a single rabbit out of its hat despite years of promises.
I think Pamela 'PJ' Jones, news site Groklaw's editor has it right. In a recent Groklaw posting, she wrote that since Novell won, and SCO has filed an appeal. As I pointed out, Groklaw has achieved everything it set out to do, and since there can normally be no new materials introduced in an appeal, might this be a good time to take a breath and work on perfecting the work we've done?"
In other words, it's time to get back, and clean up the last of the SCO mess. Folks, it's garbage time.