Rats leave SCO's sinking ship

Now that federal district Judge Dale Kimball has decided that Novell owns the Unix copyrights, SCO is finding itself without a big chunk of revenue and owing Novell huge amounts of cash. The robed but not wigged one, Kimball admitted when he made his ruling that Novell was unlikely to get much of the money that SCO owes it.

According to Ars Technica, investors are dumping SCO stock, and the outfit has lost 71 per cent of its value over the course of the day.

SCO stock has been low for a while as it became clear that it was not likely to win its case against Novell.

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