Herb Jackson of Renaissance Ventures must be the last loyal SCO soldier.
He's been marching in step with SCO's dreams since 2003, and here he is six years later, like a straggling but still fanatically loyal Japanese soldier from World War II who hasn't been told that the war is over, or has been told but refuses to believe it, still living in a cave on Guam or in the jungles of the Philippines, shooting at anything that moves. Someone needs to fly in his former commanding officer to let Jackson know the fight really is over.
Just kidding around. But it's true that he has filed
an objection to the various motions to convert SCO's Chapter 11 cases to Chapter 7, a letter to the court. You remember Mr. Jackson, I'm sure. His company published
a report in 2003 predicting that IBM would surely buy SCO to make the litigation stop. It also said there was a market for SCO's shared libraries. So you might consider Jackson's track record in the prediction business, when evaluating his current projections. Renaissance Ventures and "affiliated investors" have owned around 2 percent of SCO since 2003, the letter reveals. They had a lawyer -- I wonder who? -- look at SCO's claims, and they decided its claims have merit. To this very day, they think investing in SCO is reasonable.
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