Linux today reports that SCO fooled itself. According to Novell:
On June 26, LaSala wrote: "SCO's statements are simply wrong. We acknowledge, as noted in our June 6 public statement, that Amendment No. 2 to the Asset Purchase Agreement appears to support a claim that Santa Cruz Operation had the right to acquire some copyrights from Novell. Upon closer scrutiny, however, Amendment No. 2 raises as many questions about copyright transfers as it answers. Indeed, what is most certainly not the case is that "any question of whether UNIX copyrights were transferred to SCO as part of the Asset Purchase Agreement was clarified in Amendment No. 2 (as SCO stated in its June 6 press release). And there is no indication whatsoever that SCO owns all the patents associated with UNIX or UnixWare."
The rest of the article is well worth perusing. It's starting to look like SCO's management team convinced itself that it had the goods - without actually verifying that fact. The SCO responses to these assertions look an awful lot like hand waving and "pay no attention to the man behind the curtain" theatrics. This whole thing may well end with nothing more than an epic destruction of shareholder value - SCO's.