[Talk] Novell the Red Knight...
Andrae Muys
andrae.muys at braintree.com.au
Thu May 29 15:27:21 EST 2003
Con Zymaris wrote:
>
> ...and curiouser.
>
> CBS MarketWatch reports on Novell's challenge to SCO, and quotes SCO CEO
> Darl McBride as asserting that SCO owns the Unix copyrights. "McBride
> added that unless more companies start licensing SCO's property, he may
> also sue Linus Torvalds, who is credited with inventing the Linux
> operating system, for patent infringement."
>
> http://lwn.net/Articles/33976/
>
An interesting excerpt found in SCO/Caldera's 10K filing from last year...
http://ir.sco.com/EdgarDetail.cfm?CompanyID=CALD&CIK=1102542&FID=1047469-03-3091&SID=03-00
Restricted Cash and Royalty Payable to Novell, Inc.
The Company has an arrangement with Novell, Inc. ("Novell") in
which it acts as an administrative agent in the collection of royalties
for customers who deploy SVRx technology. Under the agency agreement,
the Company collects all customer payments and remits 95 percent of the
collected funds to Novell and retains 5 percent as an administrative
fee. The Company records the 5 percent administrative fee as revenue in
its consolidated statements of operations. The accompanying October 31,
2002 and 2001 consolidated balance sheets reflect the amounts collected
related to this agency agreement but not yet remitted to Novell of
$1,428,000 and $1,894,000, respectively, as restricted cash and royalty
payable to Novell. The October 31, 2001 balances were reclassified from
cash and equivalents and other royalties payable to conform to the
current year presentation.
I would suggest that this probably stands in support for Novell's recent
claims.
Andrae
--
Andrae Muys But can it generate *quantum* Haiku
<andrae.muys at braintree.com.au> error messages, in Latin, where each
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