[openbeos] Re: Scarabeos 2001 going to prevent deal between Be and Palm

My understanding is that the deal does not actually close until the
fourth quarter, so in all likelihood Be still (technically) owns the
source.  I wouldn't worry about this too much; a large percentage of
Be's shares are "floating".  As it has been explained to me, these are
shares that have been offered for sale, but haven't actually been
bought.  Which logically means they still belong to Be.

These guys are making a lot of hoo-haw about nothing; theirs is not --
as far as I can tell -- a feasible plan.

e

Yuri Titov wrote:
> 
> be is nothing now.. they cant release any code if palm bought them out
> because its not theirs anymore unless i'm wrong.
> 
> -yt
> 
> ----- Original Message -----
> From: "Michael Noisternig" <michael.noisternig@xxxxxxxxx>
> To: <openbeos@xxxxxxxxxxxxx>
> Sent: Thursday, September 13, 2001 5:05 PM
> Subject: [openbeos] Scarabeos 2001 going to prevent deal between Be and Palm
> 
> >
> > Newly found an articel on German IT magazine Heise
> > (http://www.heise.de/newsticker/data/hps-12.09.01-000/)
> > about Scarabeos 2001 (http://de.geocities.com/scarabeos2001/), another
> > ambitious initiative to help BeOS to survive.
> > Since Palm has absolutely no interest to continue the development of
> > BeOS/BeIA, they want to _force_ Palm to put BeOS under a GPL-oriented
> > license, if Palm doesn't open-source it. They want to reach this goal by
> > holding the majority of Be's shares. 80 percent of the shares are owned
> > by small shareholders and since the share values are so low nowadays
> > they hope that there a enough people who will donate to this initiative.
> > They now need another 30 percent to hold the majority of Be's shares.
> > I'm curious what you think.
> > later,
> > Michael Noisternig.
> >

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