The software company that so conveniently took over Microsoft's position of being the most hated software vendor by the open source community, is about to return the honorary position to Redmond, according to a SEC filiing.

Since SCO filed its lawsuit against IBM and other Linux vendors and users,  the company has seen its revenues evaporate. The company claims it owns the copyrights of the Linux Operating System, and has been trying to create a revenue stream out of that self-perceived ownership through its SCOsource programme.

"If we do not receive SCOsource licensing revenue in future quarters and our revenue from the sale of our Unix products and services continues to decline, we will need to further reduce operating expenses to generate positive cash flow," the company's SEC filing said.

The filing continues by sparking hope for IBM and anyone in favor of open source: "Our SCOsource initiatives are unlikely to produce a stable or predictable revenue stream for the foreseeable future."

Hang in there IBM. Time will heal all wounds – including SCO.

20 Apr 2005