SCO going Chapter 11

[Matt Shields]

I hope the judge denies their bankruptcy protection and lets their
creditors go after them.  I hope they die a slow and painful death for
all the harm they've cause other companies.

And to think at one time in my life I actually recommended their products.

-matt

On 9/14/07, Bob - BLU <blu-QDUPAvFnyULR7s880joybQ at public.gmane.org> wrote:
> Just got this email from SCO...
>
> -------- Original Message --------
> Subject:        Important Announcement from SCO
> Date:   Fri, 14 Sep 2007 13:50:55 -0600
> From:   The SCO Group <partners-O47CVlosszw at public.gmane.org>
>
> Dear SCO Customers and Partners,
>
> This afternoon we took the extraordinary step of filing for Chapter 11
> protection in U.S. Bankruptcy Court to protect assets for our creditors
> and stockholders and to ensure the continuation of our normal business
> operations. This decision was not taken without extensive consultation
> with the board of directors, and many outside experts and legal counsel.
>
> SCO intends to maintain business as usual throughout the Chapter 11
> proceedings. Subject to court approval, SCO will use the cash flow from
> its operations to meet its capital needs throughout the reorganization
> process.
>
> Other companies such as Delta Airlines, Texaco, Dow Corning, K-Mart,
> United Airlines, Toys R' Us, Macy's Department Stores and others have
> emerged from Chapter 11 protection after restructuring themselves for
> success. We intend to do the same.
>
> We value our relationship with you and want to provide the assurance
> that you can continue to order product, and receive exemplary service
> and support from us during this restructuring period.
>
> We invite you to consult with your SCO representative if you have any
> questions or concerns.
>
> Sincerely,
>
> Darl McBride
> President & CEO
> The SCO Group
>
>
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>
> _______________________________________________
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>

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