Blake Stowell and Laura DiDio on the Canopy Shakeup

Friday, December 24 2004 @ 08:32 AM EST

It wouldn't be complete without them, would it? So here you go: Blake Stowell and Laura DiDio speak about the Canopy Group shakeup, as opposed to, some might say, the goode olde days of the shakedown. eWeek's Steven J. Vaughan-Nichols got them both to tell him What It All Means:

"Many people are wondering what effects, if any, these upper management changes will have on SCO and its Linux/Unix-related lawsuits with IBM and other companies.

"Stowell said there would be 'no changes at this time. Ralph Yarro remains our chairman, Darcy Mott remains a board member, and Canopy remains a majority shareholder of SCO.'

I'm sure their positions are rock solid, no doubt about it. Blake has always been such a straight shooter. I'll never forget his statements when DaimlerChrysler trounced them at the hearing last July. One of our eyewitnesses, eggplant37, described the event:

"Well, like a wolf at a corpse, Judge Chabot has eviscerated SCO's case against Daimler."

And Blake said:

"'We're satisfied that DaimlerChrysler did finally certify their compliance with the software agreement, but we are still interested in gaining some information on why they didn't certify within the allotted time,' Stowell said."

Or the next day:

"The biggest mistake that anyone can make with today's ruling is to assume that the thing that happened today with DaimlerChrysler will have some sort of impact on our AutoZone or Novell or IBM cases."

What PR can do to a guy. Anyway, he informs us that the new Change in Control Agreement -- whoever thought up that title was a poet, although, endless editor that I am, I like to call it the Losing Control Agreement instead -- is not triggered by the change at Canopy.

Ms. DiDio is less sure what it all means:

"'Truthfully, no one knows what the coup at Canopy augurs,' DiDio said. 'What is clear to me, is that Ray Noorda's hand-picked longtime associates Ralph Yarrow and Darcy Mott are out at Canopy and presumably off SCO's board—or at least neutralized in those positions—meaning that the old familial ties forged at Novell have been cut.'"

She can't resist, however, holding out some hope, that given SCO's dismal financials, perhaps SCO will be pressured to settle, "if," she says, "IBM is willing to deal." Ah, yes, if. If, indeed. The big if.

I can see it now. David Boies, white flag waving, as he enters IBM's headquarters, checking his pistols at the door in a symbolic gesture of complete surrender, and then walking into the conference room, his hands up, saying, "Please don't shoot" ...

And finally, the words that will make the image complete, from analyst Stacey Quandt, senior business analyst with the Robert Frances Group:

"If SCO is unsuccessful in its efforts to sue IBM and Novell, the share price of SCO stock will fall further and then a shareholder lawsuit becomes a strong possibility," Quandt said.

Visions of sugar plums, eh? What a concept.

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