Tomorrow: day before earnings (red)
Message ID: 138748
Posted By: rgriffith64
Posted On: 2004-05-31 13:25:00
Subject: Tomorrow: day before earnings (red)
Recs: 4
SCO has a 2nd quarter earnings call scheduled for 11pm EST on Wednesday June 2.
http://ir.sco.com/ReleaseDetail.cfm?ReleaseID=135593
For information on how to get in or listen to a web cast.
Essentially there is 1 trading day before the call.
In light of this, what should we see tomorrow. Lately the volume has been extremely light and there has been no discernable "paining" action pumping the price to unheard of levels.
The current value of SCO is bobbing about the cash-on-hand value of the company. Negative earnings and outlook could drop this value. I doubt SCO will say anything but good things about the lawsuits, if they say anything at all.
I expect flaming red earnings report:
1) continued cash (or equivalent) payments to lawyers (why not on commission??)
2) dropping legacy revenues
3) very little SCO source revenues
4) warnings to investors about BayStar cash back request
5) no comment on ongoing legal action. "We expect $10Billion from IBM." Someone kills the mic when Darl tries to comment.
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The text of this Yahoo Message Board post has been licensed for
copying and distribution by the Yahoo Message Board user "rgriffith64"
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Posted By: rgriffith64
Posted On: 2004-05-31 13:25:00
Subject: Tomorrow: day before earnings (red)
Recs: 4
SCO has a 2nd quarter earnings call scheduled for 11pm EST on Wednesday June 2.
http://ir.sco.com/ReleaseDetail.cfm?ReleaseID=135593
For information on how to get in or listen to a web cast.
Essentially there is 1 trading day before the call.
In light of this, what should we see tomorrow. Lately the volume has been extremely light and there has been no discernable "paining" action pumping the price to unheard of levels.
The current value of SCO is bobbing about the cash-on-hand value of the company. Negative earnings and outlook could drop this value. I doubt SCO will say anything but good things about the lawsuits, if they say anything at all.
I expect flaming red earnings report:
1) continued cash (or equivalent) payments to lawyers (why not on commission??)
2) dropping legacy revenues
3) very little SCO source revenues
4) warnings to investors about BayStar cash back request
5) no comment on ongoing legal action. "We expect $10Billion from IBM." Someone kills the mic when Darl tries to comment.
------------------------------------------------------------
The text of this Yahoo Message Board post has been licensed for
copying and distribution by the Yahoo Message Board user "rgriffith64"
under the following license:
License: CC Attribution-NonCommercial-ShareAlike v2.0
------------------------------------------------------------