| Missing deadlines puts SCO on the spot |
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Utah's SCO Group is flirting with being delisted from the Nasdaq Stock Market after missing an already-delayed deadline for filing its 2004 annual report.
Under federal law, the Lindon-based software company - best known for its $5 billion, Linux-related lawsuit against IBM - was to have filed its annual report to the Securities and Exchange Commission within 90 days of the Oct. 31, 2004, end of its fiscal year. Instead, SCO sought an extension on Jan. 31.
The postponed report was due Tuesday, a deadline SCO also missed. The company had still not filed by the close of trading Wednesday, raising alarm among its investors and market analysts alike.
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