Re: The Slippery Slope

From: Bill Vermillion (bv_at_wjv.com)
Date: 02/18/05


Date: Fri, 18 Feb 2005 02:15:07 GMT

In article <slrnd1abu8.m6f.joe@localhost.localdomain>,
Joe Dunning <joedunning1234_NOSPAM@hotmail.com> wrote:
>It seems that SCOX will trade tomorrow as SCOXE -- this is under the
>orders of NASDAQ, because SCO has not posted their 10K within the
>required time (or indeed, within 15 days after the required time).

>It is possible that SCO may pull back from an eventual delisting
>(which could be the result of continued delay with the 10k), but
>it is also possible that a delisting might happen.

>To employees: what is the value of your SCOX stock and options if the
>company is delisted?

>To customers: do you really want to put your faith in a company
>that is struggling reporting problems? Is support for their
>products going to be around in the medium or long term?

There are plenty of companies who did report who fell further than
anyone could imagine. Enron comes to mind. And MCI hit a low
of 25 cents a share during the worldcom meltdown.

-- 
Bill Vermillion - bv @ wjv . com