|
Tuesday, August 12, 2003
|
|
|
SCO Insider Trades
Here's a list of all the insider trades since 2002 that I could find so far. I compiled it from SEC public records. I am seeing approximately $1,375,654 in sales since March. I can't guarantee 100% accuracy, though my eyeballs are melting and my head about to explode from trying for it. It's surely the big picture:
11-Aug-03 (8/8/03) - BENCH ROBERT K., CFO
7000 ... $10.90 . . . value= $76,300.00 221,043 shares still owned after transaction.
07-Aug-03 (8/5/03) BROUGHTON REGINALD CHARLES, Sr VP Int'l Sales 1900 . . . $12.57 . . . $23,883.00
3100 . . . $12.56 . . . $38,936.00 120,000 shares still owned after transaction.
01-Aug-03 (7/30/03) - BROUGHTON REGINALD CHARLES, Sr VP Int'l Sales
100 . . . $12.81 . . . $1,281.00
4900 . . . $12.80 . . . $62,720.00 125,000 shares still owned after transaction.
24-Jul-03 (7/23/03) - HUNSAKER JEFF F., VP, Worldwide Mktng
900 . . . $13.44 . . . $12,096
100 . . . $13.43 . . . $1343
500 . . . $13.4 . . . $6700
100 . . . $13.35 . . . $1335
3400 . . . $13.3 . . . $45,220 20,494 shares still owned after transaction.
24-Jul-03 (6/2/03) - RAIMONDI THOMAS P. JR., Director
10000 (Non-Qualified Stock Option 6/2/03 ([right to buy]) price $6.13 . . . $0.00 . . . $0.00= Grant of options (Grant to Reporting Person of a nonqualified stock option to buy shares of Common Stock under the Company's 1999 Omnibus Stock Incentive Plan. The option vests over a two-year perod commencing from grant date.)
24-Jul-03 - CAKEBREAD STEVEN 10,000 (Non-Qualified Stock Option (right to buy) $4.75) (Grant to a Reporting Person of a Non-Qualified stock option to buy shares of Common Stock under the Company's 1999 Omnibus Stock Incentive Plan. The option vests over a two-year period commencing from grant date and represents an option received subsequent to Stockholder approval and election of each Board Member to serve on the Company's Board for the 2003 fiscal year.)
. . $0.000 . . . $0.00= Grant of options 5/16/03
24-Jul-03 - IACOBUCCI EDWARD E., Director 10,000 (Non-Qualified Stock Option [right to buy] -- $4.75) . . . $0.00 . . . $0.00= Grant of options 5/16/03 ("Grant to a Reporting Person of a Non-Qualified stock option to buy shares of Common Stock under the Company's 1999 Omnibus Stock Incentive Plan. The option vests over a two-year period commencing from grant date and represents an option received subsequent to Stockholder approval and election of each Board Member to serve on the Company's Board for the 2003 fiscal year.")
24-Jul-03 - THOMPSON DUFF, Director
10,000 Non-Qualified Stock Option (right to buy)(Grant to a Reporting Person of a Non-Qualified stock option to buy shares of Common Stock under the Company's 1999 Omnibus Stock Incentive Plan. The option vests over a two-year period commencing from grant date and represents an option received subsequent to Stockholder approval and election of each Board Member to serve on the Company's Board for the 2003 fiscal year. ) price=$4.75 . . . $0.0 . . . $0.00= Grant of options
24-Jul-03 - YARRO RALPH J., Director
10000 (Non-Qualified Stock Option [right to buy] price $4.75 5/16/03 (Grant to a Reporting Person of a Non-Qualified stock option to buy shares of Common Stock under the Company's 1999 Omnibus Stock Incentive Plan. The option vests over a two-year period commencing from grant date and represents an option received subsequent to Stockholder approval and election of each Board Member to serve on the Company's Board for the 2003 fiscal year.). . . $0.000 . . . $0.00= Grant of options
24-Jul-03 - MOTT G DARCY, Director
10,000 (Non-Qualified Stock Option 5/16/03 [right to buy] - $4.75) . . . $0.00 . . . $0.00= Grant of options (Grant to a Reporting Person of a Non-Qualified stock option to buy shares of Common Stock under the Company's 1999 Omnibus Stock Incentive Plan. The option vests over a two-year period commencing from grant date and represents an option received subsequent to Stockholder approval and election of each Board Member to serve on the Company's Board for the 2003 fiscal year. )
24-Jul-03 (7/22/03) - BROUGHTON REGINALD CHARLES, Sr VP Int'l Sales
100 . . . $13.2 . . . $1,320.00
200 . . . $13.19 . . . $2,638.00
3000 . . . $13.07 . . . $39,210.00
800 . . . $13.02 . . . $10,416.00
10800 . . . $12.91 . . . $139,428.00
3700 . . . $13.13 . . . $48,581.00
1300 . . . $13.1 . . . $17,030.00
100 . . . $13 . . . $1,300.00 130,000 shares still owned after transaction.
18-Jul-03 (7/15/03) - WILSON MICHAEL SEAN, Sr Vp Corp Dev 6000 acquired . . . -$0.66 . . . -$3,960.00
2000 . . . $10.8 . . . $21,600.00
4000 . . . $10.66 . . . $42,640.00 0 shares still owned after transaction. The 6,000 acquired, Non-Qualified Stock Option (right to buy), were at $0.66.
16-Jul-03 (7/14/03)- WILSON MICHAEL SEAN, Sr Vp Corp Dev 6000 . . . -$0.66 . . . -$3,960.00
200 . . . $10.87 . . . $2,174.00
4800 . . . $10.85 . . . $52,080.00
700 . . . $10.80 . . . $7,560.00
300 . . . $10.77 . . . $3,231.00 0 shares still owned after transaction. The 6,000 acquired, Non-Qualified Stock Option (right to buy), were at $0.66.
14-Jul-03 (7/11/03)- OLSON MICHAEL P., VP Finance
1100 . . . $10.99 . . . $12,089.00
1000 . . . $10.41 . . . $10,410.00
900 . . . $10.51 . . . $9,459.00
1000 . . . $10.42 . . . $10,420.00
1000 . . . $10.4 . . . $10,400.00
2000 . . . $10.45 . . . $20,900.00
1000 . . . $10.53 . . . $10,530.00 58,830 shares still owned after transaction.
18-Jul-03 (6/13/03) - McBRIDE DARL C., President, CEO 7003 acquired . . . $0.001=price . . . 15,003 owned after transaction.
9-Jul-03 - HUNSAKER JEFF F., VP, Worldwide Mktng
4500 . . . $11.80 . . . $53,100.00
100 . . . $11.76 . . . $1,176.00
100 . . . $11.814 . . . $1,181.40
100 . . . $11.812 . . . $1,181.20
200 . . . $11.81 . . . $2,362.00 25,494 shares owned after transactions.
9-Jul-03 (7/8/03)- BENCH ROBERT K., CFO
3700 . . . $11.10 . . . $41,070.00
300 . . . $11.12 . . . $3,336.00
550 . . . $11.05 . . . $6,077.50
2450 . . . $10.91 . . . $26,729.50 228,043 shares still owned after transaction.
9-Jul-03 (7/8/03 - BROUGHTON REGINALD CHARLES, Sr VP Int'l Sales
3790 . . . $10.9 . . . $41,311.00
1210 . . . $10.95 . . . $13,249.50 150,000 shares still owned after transaction.
9-Jul-03 - SKOUSEN K. FRED, Director
45000 (Non-Qualified Stock Option [right to buy])(Grant to Reporting Person of a non-qualified stock option to buy shares of Common Stock under the Company's 2002 Omnibus Stock Incentive Plan. The option vests over a two-year period commencing from the grant date.) . . . Grant of option to buy 45,000 at $10.25 Date exercisable= 6/26/2004
30-Jun-03 (6/25/03) - BROUGHTON REGINALD CHARLES, Sr VP Int'l Sales 5000 . . . $10 . . . $50,000.00 155,000 shares still owned after transaction.
23-Jun-03 (6/20/03) - BROUGHTON REGINALD CHARLES, Sr VP Int'l Sales 2700 . . . $11.08 . . . $29,916.00
2300 . . . $11.1 . . . $25,530.00 160,000 shares still owned after transaction.
18-Jun-03 - MCBRIDE DARL C., President, CEO
7003 . . . price= -$0.001 . . . -$7.00 15003 shares owned after the transaction.
12-Jun-03 (6/11/03) - OLSON MICHAEL P., VP Finance
1000 . . . $8.66 . . . $8,660.00
1000 . . . $8.65 . . . $8,650.00
2000 . . . $8.61 . . . $17,220.00
1000 . . . $8.6 . . . $8,600.00
1000 . . . $8.59 . . . $8,590.00 66,830 shares still owned after transaction.
9-Jun-03 (6/9/03)- BENCH ROBERT K., CFO
1900 . . . $9.3 . . . $17,670.00
400 . . . $9.2 . . . $3,680.00
500 . . . $9.201 . . . $4,600.50
200 . . . $9.19 . . . $1,838.00
4000 . . . $9.16 . . . $36,640.00 235,043 shares still owned after transaction.
9-Jun-03 (6/6/03)- HUNSAKER JEFF F., VP, Worldwide Marketing
5000 . . . $8.9 . . . $44,500.00 30,494 shares still owned after transaction.
5-Jun-03 (6/3/03)- BAWA OPINDER
15000 . . . $6.0 . . . $90,000.00 0 shares still owned after transaction.
5-Jun-03 (6/4/03) - BAWA OPINDER
7916 . . . -$1.2 . . . -$9,499.20 (Grant to Reporting Person on non-qualified stock options to buy shares of Common Stock under the Company's 1999 Omnibus Stock Incentive Plan. The option vests over a four-year period commencing from the Option Date.)
7916 . . . $6.6 . . . $52,245.60 15,000 shares still owned after transaction.
9-May-03 - BENCH ROBERT K., CFO
5000 . . . $0.000 . . . $0.00 Shares gifted in accordance with Insider's 10b5-1 trading plan filed with the Issuer. 240,860 shares owned after transaction.
9-Apr-03 (4/8/03)- BENCH ROBERT K., CFO
4100 . . . $2.9 . . . $11,890.00 241,094 shares owned after transaction.
28-Mar-03 (3/18/03)- HUNSAKER JEFF F., VP, Worldwide Mktng
100,000 acquired (Non-Qualified Stock Option $2.07). . . $0.000 . . . $0.00= Grant of 100,000 options
28-Mar-03 (3/18/03) - MCBRIDE DARL C., President, CEO
200,000 (Non-Qualified Stock Options $2.07). . . $0.000 . . . $0.00 200,000 shares beneficially owned following the transaction
28-Mar-03 (3/18/03)- OLSON MICHAEL P., VP Finance
50,000 (Non-Qualified Stock Option $2.07) . . . $0.000 . . . $0.00 50,000 shares beneficially owned following the transaction
28-Mar-03 (3/18/03)- BROUGHTON REGINALD CHARLES, Sr VP Int'l Sales 50,000 (Non-Qualified Stock Option $2.07) . . . $0.000 . . . $0.00 50,000 shares beneficially owned following the transaction
28-Mar-03 (3/18/03) - BENCH ROBERT K., CFO
100,000 acquired, nonqualified stock option,$2.07. . . $0.000 . . . $0.00 100,000 beneficially owned following the transaction
12-Mar-03 (3/10/03)- BENCH ROBERT K., CFO
7000 . . . $3.06 . . . $21,420.00 245,194 owned after transaction.
NO INSIDER TRADES REPORTED IN FEBRUARY 2003
NO INSIDER TRADES REPORTED IN JANUARY 2003
NO INSIDER TRADES REPORTED IN DECEMBER 2002
NO INSIDER TRADES REPORTED IN NOVEMBER 2002
16-Oct-02 (10/14/02)- MCBRIDE DARL C., President, CEO (Director box also checked.)
3000 shares acquired, price=$1.13. . . -$1.13 . . . -$3,390.00 5,000 shares owned following transaction. (Note: This is what the form says, but it seems not to match the figure of 5,000 shares acquired Oct. 11, filed Oct. 15, 2002. Correct figure would seem to have to be 8,000, if the numbers acquired are accurate.)
15-Oct-02 (10/11/02) - MCBRIDE DARL C., President, CEO, (Director box also checked; Subject Company - Company Comformed Name is CALDERA INTERNATIONAL INC/UT )
5000 shares acquired, price=$1.13 . . . -$1.130 . . . -$5,650.00 5,000 shares owned following transaction.
TOTAL VALUE OF SHARES SOLD FROM MARCH 2003 to AUGUST 11, 2003= $1,375,654
This form, listed in the totals above, is interesting because of mentioning petroleum. It is listed by the SEC under Caldera, but the form itself says this about the company:
COMPANY DATA:
COMPANY CONFORMED NAME: BENCH ROBERT K
CENTRAL INDEX KEY: 0001012655
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
RELATIONSHIP: OFFICER
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
I have no idea what this means about petroleum. I am just reporting it.
The list above isn't financial advice, so don't rely on it for that, naturally. I have provided links so you can verify and do your own searching and comparing. I did think it'd be handy to have this as an overall reference for Thursday, when SCO says it will comment on the sales. Now that Bloomberg has reported on the story, it's useful to document the facts.
As Groklaw reported earlier, the company decided to pay directors in stock a while back, and executives partly in stock. On the other hand, they did that before, and there wasn't the same level of activity. What I see is almost no activity until March, and then kaboom. I see no trading in 2001 at all. Dates are filing dates, followed by transaction dates, when there is a difference. If you note any errors, kindly let me know.
Don't ask me what it means, because I can't say. Literally. IBM has given its opinion in its Amended Answer. I'm not an expert in this area. It's just the research I was able to find, which I present AS IS, as they say. Others can build on it. On this article, if you have important corrections, please email them to me. When I make corrections on an article, sometimes comments get erased.
So, there you are, ready for Thursday.
8:38:53 PM
|
|
No Licensing Suspension
I know you've seen the reports, and I have too. I haven't published the story up until now, because I couldn't confirm it. When I saw it in the Inquirer, I decided it was time to call SCO. I asked if they would confirm or deny the report that the Linux licensing program had been suspended. The woman said, "I haven't heard anything about it." She asked me where I'd heard or seen this. I told her. She then said she'd heard that someone told her it was on Slashdot, but she couldn't find the story.
What does it mean? Honestly, I don't know for sure, but I'm taking it as a denial. First she said something that could be interpreted a couple of ways, and then said something that indicates one interpretation is that she wasn't completely forthcoming. But what I think she actually meant is that she hadn't heard anything about the program being suspended. Perhaps if I'd tried to get a license, I'd have gotten more information or even different information, but I would have had to lie to do that, and I won't do that. Until there is more than a Slashdot comment to go on, I consider it unfounded, and I think it would be unfair to SCO to spread this story.
Obviously, if I hear more, I'll let you know.
By the way, an alert reader sent me the part of the Wall Street Journal article that the Salt Lake Tribune cut: "It's not hard to imagine a comparable denouement this time. Microsoft has long warned that Linux is a ticking copyright time bomb. Naturally, it's delighted with the lawsuit. But those warnings could have a kernel of truth. It wouldn't be shocking if, scattered in Linux's millions of lines, there were other examples like the one seen by Mr. Taylor: incidental and easily excised. In fact, few pieces of software this big could survive the same sort of review.
"What if, thanks to SCO, Linux could rid itself of any such questionable lines, and end up with a court-issued seal of copyright approval? Then what would Microsoft complain about? And what would SCO's new business plan be?"
1:27:55 PM
|
|
Lee Gomes of the Wall St. Journal Restores My Faith In Journalists
Remember the first reporter called on in the last SCO teleconference? The one who asked several questions before they made him stop? The one who kept interrupting Darl to get real answers instead of generalities? Well, take a look at what he wrote here.It will restore your faith that there are still some genuine reporters in this world. It's called "SCO not exactly the lovable little guy" and it gets better from there. The Wall Street Journal, of all places, which means all those stock traders living in Never Never Land are going to read it. Here's just a taste:
"SCO is claiming widespread copyright violations in Linux. So far, it has shown only one example to outsiders, and only to those who have signed a nondisclosure agreement -- such as Ian Lance Taylor, a San Francisco Linux developer.
"Restricted by the agreement in what he can say, Taylor described the infringing code as a trivial 80 or so lines of software (out of a total of 4.6 million in all of Linux!). Despite SCO's frequent insinuations to the contrary, Linux developers take copyright quite seriously. Recently, the Web site Slashdot posted an item about another small section of Linux similar to Unix. Within weeks, the code was replaced.
"SCO says it won't identify all the infringing code in Linux because Linux developers would quickly replace it. But isn't that exactly what someone alleging a legal injury should, for starters, want -- to stop being injured? Damages for past injuries can always come later."
Wait til you see how he ends his article.
SCO To Comment on Exec Stock Sales Thursday
Bloomberg News is now on the story of SCO selling about 119,000 shares of their company since March, totalling $1.2 million. Prior to March, there had been no insider sales for over a year, according to Washington Service, a company that does this kind of tracking:
"'Insider sales picking up is a negative sign,' said Richard Campagna, who helps manage $750 million as director of research for Cleveland-based Shaker Investments. SCO spokesman Blake Stowell declined to comment on the share sales. The company will comment on the sales when it announces fiscal third-quarter results Thursday, he said.
This is interesting. According to the article, published in the Salt Lake Tribune, of all unlikely places, IBM's Linux customers include Unilever NV, the world's largest maker of food and soap, and VeriSign, which registers Web addresses. Here's some more financial info:
"At closing Monday, shares of SCO were down $1.46, or 14 percent, to $9.29, on the Nasdaq Market. IBM rose 14 cents, to $81.02, in New York Stock Exchange composite trading. Other investors are betting against SCO. The amount of short interest in the stock rose more than tenfold between May and July, according to Bloomberg data. Investors sell a stock short to profit on any decline in the price.
"SCO, which changed its name from Caldera International in May, has had one profitable quarter since it sold shares to the public in 2000. SCO consumed $14 million in cash in the fiscal year ended in October and had about $10 million in cash at the end of April. The company has no borrowings."
I don't think the story has accurate figures. I had a list of all the transactions, but I seem to have misplaced it. I'll try to reconstruct and put it up as soon as I can.
7:41:59 AM
|
|
SCO Goes Into The Oil Business, Or Vice Versa
SCO is inviting us to SCOForum 2003 in -- where else? -- Las Vegas. All right. Not us. Probably not me, anyway. But can you think of a more appropriate spot for them in these United States than sin city? Unless... no, I don't think Fantasy Island is a real place. You couldn't have a conference there.
The SCOForum for this year has a James Bond theme, with the page showing a man with a gun. "Live and Let Die" they call it. Those SCO rascals are such cut-ups. Maybe they just mean to let us know they can get out of tight spots? Or maybe they are planning on shaking down their guests. Maybe they're just too dumb to have a sense of irony. An earnest footnote tells us that MGM kindly gave permission to let them use the Bond theme. Thank heavens, at least SCO is still upholding high moral values in this wicked age of IP pirates. I'm sure there are some depraved souls who'd have a conference with a James Bond theme and never even ask permission. This tells us how important it was to them to use that theme. Can you imagine? What are they thinking? Don't they have a PR team? They must, because Darl said he couldn't tell us who saw the code unless he got with his PR team. Well, I think they need a new team.
HP is sponsoring their opening day reception, according to this page and they are sending a VP to give a speech. Hmm. So, who else is going? Well, in addition to the usual suspects from SCO, and poor David Boies, SCO's new joint venture partners are going, TAKGroup. Huh? It seems, since August 4, SCO is going into the oil business, sort of. Or anyway, TAKGroup does the software and SCO, um, well, they have the ... We'll let CITGO explain why SCO and TAKGroup are made for each other:
"CITGO Petroleum Corporation's General Manager Specialty Sales, Rob Kress, highlighted the value of this joint venture. "We've been using TAK's products for over five years," said Kress, "which are tailor made to doing business with our trading partners and customers both domestically and internationally over the Internet. The combination of those superior products with the reseller network of SCO and deep global support channel make the SCO-TAK business combination a powerful force in helping the downstream petroleum industry automate its value chain."
OK. SCO offers a reseller network and a deep global support channel. For oil companies. Why is CITGO in this press release? They're not in the venture. Why are they stepping up to support SCO publicly like this? Did they get them the gig? Why would they? I was trying to remember if I've ever seen a press release where a noninvolved party was quoted instead of the principals. I couldn't think of one time. This wouldn't have anything to do with stock value, would it?
Next, I wondered if CITGO is a Fortune 500 company. I checked, but they don't run Linux. They run Windows, DOS and AIX. They have had one employee try Debian, but it was too hard for him. He couldn't even get it to download. So, they can't be the company that signed up for a Linux license, if SCO can be believed that somebody did sign up and it wasn't just the Ghost of Christmas Past or Hamlet's father that Darl saw. I think 007 needs to look into that contraband AIX though. Doesn't SCO care that CITGO is violating their Most Holy IP? CITGO may come to rue the day they got involved with these desperado Bond guys. This article says CITGO is already deeply in debt, so here's hoping they have indemnification and all.
The timing is handy, just before SCO has to file with the SEC. At least now maybe their financials won't have all arrows pointing straight down toward the center of the earth. That can definitely get people wondering about the value of their stock. Now they'll have more than the two customers they reported last time, if I recall correctly. But who is TAKGroup? And why are they interested in SCO? The press release explains:
"The SCO Group, a leading provider of business software solutions, today announced the creation of a joint venture with the TAKGroup, a leading eBusiness and Internet technology solutions company for the downstream petroleum industry. The downstream petroleum industry includes oil refining, distribution and marketing. The close partnership will allow SCO and its large reseller channel to deliver comprehensive Web-based services to the global downstream petroleum industry and add the technology offering to the company's SCOx Web Services initiative. TAKGroup will demonstrate its Web Services technology and integration with SCOx at SCOForum in Las Vegas, August 17-19, and provide hands-on technical training to SCO partners on the 19th."
Oh, goody. A petroleum demo. TAKGroup, besides having CITGO for a customer, does business with Halliburton too, according to their web site, or at least they have a link on their "commercial/industrial" page. I guess all the oil folks flock together. TAKGroup is proud to list Microsoft first on their list of "featured alliance partners". Who'd a thunk it? Microsoft. TAKGroup is so technically advanced, they use frames, so I can't provide links. You'll just have to go poke around yourselves. It's probably just a normal business relationship that just happened to occur in the nick of time in the most natural of ways, and it doesn't mean anything at all.
And who could blame SCO for wanting to hook up with oil? It means we can all enjoy TAKGroup's stimulating class in Las Vegas. Maybe if I put on a Wonderbra and a Bunny suit they'd let me in? Here's the course outline to whet your appetite:
"This instructor-led, hands-on training introduces SCO Resellers to industry leading solutions specific to downstream petroleum. Resellers can expect to gain the knowledge necessary to successfully sell, setup and manage primary downstream petroleum software modules for Fuels Management, Lubricants Management and Oil Analysis, as well as explore solution integration opportunities for this vertical marketplace.
"Resellers of specialty apps, back office solutions, point of sale systems and tank monitoring systems and Systems Integrators and ISVs should attend this training. Basic Internet and Internet browsing knowledge is required.
*Resellers who take this class and are certified are qualified to immediately receive leads currently available."
I just hope Darl has to sit through the whole thing. No, even better, it's hands-on, so he has to participate and even pretend to find it interesting. I'm sure it'll be very stimulating for him to learn about managing downstream petroleum software modules for Fuels Management, Lubricants Management and Oil Analysis. Who says there's no God? Unfortunately, it probably means we'll still have SCO to kick around for a while.
Oh, one last thing. CITGO doesn't use Linux, but it turns out there is a Linux connection they may not know about themselves. I found this charming story here about CITGO gving a school district access to two internet research labs, and they promptly installed Linux on all the donated computers. Don't sue them or anything, 'kay, SCO? They couldn't afford any more Windows boxes, so I'm pretty sure your license isn't in their budget, let alone a lawsuit. Would you like to know why they did it? I'll let the pirates tell you in their own words:
"Thanks to a generous donation from CITGO, the Calallen Independent School District has access to two new Internet research labs. The computers were donated to the school district when they became surplus equipment as part of CITGO's computer upgrade plan in Corpus Christi. In a pilot project, the 100 MHz Pentium machines were configured to use Linux, a free operating system, instead of Windows, which would have to be purchased for each computer by the district. Linux was installed on two 15-seat computer labs in the high school and middle school libraries. A web browser, word processor, spreadsheet, and other personal management software loaded on each computer allow not only Internet access, but provide full-featured workstations that can be used by students and staff.
"Everything installed on these computers is free, open-source software, which is the primary reason for exploring Linux as a solution in the school district. Also, since Linux can run well on older machines, it allows the use of computers that would not be able to run the newest versions of standard Microsoft products such as Windows and Office. This adds years to the usefulness of otherwise obsolete equipment, at a price the school district can afford."
So, there you are. Your all-American GNU/Linux pirates in the internet age. Grab your gun and go get 'em, Bond.
This story shows why no matter what the fat cats in the back room decide, no matter how much money they have, GNU/Linux just keeps right on ticking, in schools, in businesses, in governments, right under their noses and no matter what they do.
6:01:32 AM
|
|
|
|
|