Yarro Fortune Cookie

Message ID: 387405
Posted By: panglozz
Posted On: 2006-07-06 00:03:00
Subject: Yarro Fortune Cookie

Yarro owns 5,531,860 shares of SCOX + 120,000 in currently exercisable options.

The vast bulk of these are the gift from Canopy made on March 11, 2005 to settle the ownership conflict.

Yarro has 10,000 and 175 shares apparently purchased open market many years ago. He also has 28,846 shares granted for board service.

On March 11, 2005, SCOX closed at 4.05. This means the Canopy-to-Yarro disposition had a value of $22,245,000.

Yarro total fortune in SCOX shares today is worth $16,650,880. The Yarro piggy bank lost more than a million dollars today, and $6MM since the local maximum in mid-June 2006 .

Is Yarro's financing aggressive enough to have used the SCOX shares on margin for other investments?

Message ID: 387477
Posted By: walterbyrd
Posted On: 2006-07-06 07:15:00
Subject: Re: Yarro Fortune Cookie

>>
Is Yarro's financing aggressive enough to have used the SCOX shares on margin for other investments?
<<

Frankly, I think yarro is more concerned with staying out of prision. Notice how nervous deepdistrust seems about this?

If yarro sells his shares, then he profited from a scam he helped to orchestrate. If yarro used the shares on margin, that might amount to the same thing.

I don't think yarro is completely stupid. My guess is that yarro has ignored his scox shares.

Message ID: 387483
Posted By: deepdistrust
Posted On: 2006-07-06 07:38:00
Subject: Re: Yarro Fortune Cookie

< Frankly, I think yarro is more concerned with staying out of prision. >

All the Linux Loons in the world cannot send Yarro to 'prision'.

< Notice how nervous deepdistrust seems about this? >

Not nervous. More like angry about the baseless Loon speculation. Atleast Panglozz troll indicates it is speculating. Other trolls don't even do that.

< If yarro sells his shares, then he profited from a scam he helped to orchestrate. If yarro used the shares on margin, that might amount to the same thing. >

What, what, what, what? The Loon delusion knows no bounds! There is no evidence that Yarro orchestrated anything, or that the SCO case is a scam.

< I don't think yarro is completely stupid. >

Thanks for the ringing endorsement. What Yarro is, is untouchable. Rich, out of Loon reach, and free.

Message ID: 387497
Posted By: karl_w_lewis
Posted On: 2006-07-06 08:08:00
Subject: WAG $0.02

Well, the bag-holders managed to keep this pig above three dollars(!) for another day. No problem; I'm sure they could do that from now until the end of time... but to what purpose, exactly? It changes nothing about the fundemental situation, Caldera has become a litigation company that lacks even one valid claim. (No, don't even bother talking about IBM's contracts and Cladera's rights... IBM has testimony from *both* sides of the actual contract negotiations, not Ralphie's oportunistic wishful thinkers.) Caldera couldn't make it as a Linux company, (don't bother telling me how hard that is to do, tohers seem to be doing just fine, thanks). Caldera paid *way* too much for the ever-shrinking UNIX Licensing business, and that isn't anybody's fault but Caldera's.

You can argue that the value per share of the company, today, is not two cents, but one day soon it won't be worth that much, and hsitory is littered with the corpses of people who were right, *too late*, about the value of any given stock.

It is time, my little bag-holders, to just toss in the towel. It is too late to get your money back, but maybe you can salvage some tiny bit of dignity. [smirk]

Best of luck.

Wag $0.02
Volume 1.5MM
high 2.75
low -0.11

KWL

Message ID: 387520
Posted By: walterbyrd
Posted On: 2006-07-06 09:15:00
Subject: Re: Yarro Fortune Cookie

>> All the Linux Loons in the world cannot send Yarro to 'prision'.<<

Very true. If anything, yarro will send himself to prision.

>> There is no evidence that Yarro orchestrated anything, or that the SCO case is a scam.<<

There is *tons* of evidence that the scox case is a scam. Yarro is on the BOD, and is the biggest share-holder - by far. Canopy clearly wanted to seperate themselves from yarro - likely for some good reasons.

>> What Yarro is, is untouchable. Rich, out of Loon reach, and free. <<

Yarro is not above the law. The "loons" have nothing to do with it. Darl has been set up as the fall guy, but darl is not stupid when it comes to litigation scams. Darl insisted on being indemnified back in 2003 - Darl knew, even back then, that the sh!t would hit the fan. Don't expect Darl to go quitely.

Message ID: 387582
Posted By: boyle_m_owl
Posted On: 2006-07-06 11:14:00
Subject: I am not satisfied!

The price is lower, below 3 bux which kinda makes me happy. BUT WHERE IS THE FREAKIN' VOLUME? I WANT VOLUME! DAMMIT, SELL THIS! WHAT IS WRONG WITH YOU PEOPLE!? RUN FOR THE EXITS! THE THEATER IS ON FIRE!

--
BMO

Message ID: 389741
Posted By: panglozz
Posted On: 2006-07-11 19:39:00
Subject: Yarro Capital Punishment

Yarro's 5,531,855 shares of SCOX owned outright are now worth $13,884.960. Yarro has suffered a paper loss of $8,519,060 (-38%) since Canopy handed over the shares in March, 2005.

The Dec. 2005 Pipe fairies have a loss on their pipe shares of $2,829,443 (some selling may be going on in this group, as only filings required of many are 13H-R by Nov. 15).

The loss to the Pipe Fairies is less than "rounding error".
They would be tempted to ride this into road kill, rather than sell.

Krevlin's collection of funds is a 1.3 billion dollar agglomeration. His total paper loss is $10 Million (assuming an average cost of about $6.50/share)

Chesapeake has 2 billion under management. S&E 800 Million, Eton 1.3 billion. Jet may be the most exposed a current paper loss of about $2MM in total assets of 350MM.

Cohen's RYTVX has a per share cost of about $11/share, the SCOX stake is down in value to below $1MM-- paper loss about $3MM in a fund with total assets struggling to stay above $23MM in total assets. Come capital gains report the per share distribution of losses from SCOX alone may exceed 0.80 cents/share.

Message ID: 389773
Posted By: hamjudo2000
Posted On: 2006-07-11 23:10:00
Subject: Last chance to exercise some options.

As of April 30, 2006, there were approximately 4,746,000 stock options outstanding with a weighted average exercise price of $4.13 per share. Many of those options are below water. Many of the options that are above water are in the hands of insiders who would have to talk to the SEC if the decided to exercise options. However, that probably leaves hundreds of thousands of options that can be exercised.

Looks like it might be the last chance to exercise some of those shares. I don't think the PIPE Fairy will come round and support the price while those shares are exercised.

Yet more downward pressure on the stock price. We will probably see a bit more dilution, and a certain class of sellers in a panic.

Hey Darl, IANAL, but the SEC is pretty distracted these days prosecuting executives for backdating options, so I bet they wouldn't waste any of their scarce resources on you, if you were to exercise a few hundred thousand of those options you got when you were hired. Why don't you try it? It's free money, but it goes away if the share price drops below the strike price. What have you got to lose?

If I'm wrong, and they do send you to jail, I'll send you a cake with a file in it. I was thinking errno.h from the 0.98 version of the Linux.

The texts of these Yahoo Message Board posts have been licensed for copying and distribution by the Yahoo Message Board users "panglozz", "walterbyrd", "deepdistrust", "karl_w_lewis", "boyle_m_owl", "hamjudo2000" under the following license: License: CCL Attribution-NonCommercial-ShareAlike v2.0.