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- Analysis contradicted by facts
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How can SCO's lawyers stand to benefit from a sale or settlement if the deal caps their fees at $1 million, and they already have the million from 20% of the equity financing that just went through? It sounds to me like the lawyers have just been paid in full, and now have no incentive to do anything but wind things down as cheaply as possible.
The deal includes 400,000 shares of stock. It is not possible to put a value on that because SCO has the unrestricted right to issue up to 45 million more shares any time it want to. If the "big payday" were ever to arrive, SCO would issue those shares immediately, diluting the winnings of everyone except themselves.
I read this as the lawyers and SCO parting ways amicably. In return for $1 million for services rendered, Boies & Co. will now resign the case without causing any trouble. - Posted by: Robert Hahn Posted on: 11/06/03 You are currently: a Guest | Members login | Terms of Use
Time for SCO to go away.
Jose Jimenez | 11/06/03
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Analysis contradicted by facts
Robert Hahn | 11/06/03
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What do you think?
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