One Y! member (spuluka) had done some analysis back in April when SCO released their revised statements to get back in the good graces of NASDAQ. spuluka had reached the same conclusion I had - they efforts to cut costs, while not a good long term strategy for any company - did appear to put them in a position to stay around for at least the short term.

In reading through spuluka's post on GL, one thing I noted was that a payment to BSF was due yesterday (12/1).  It makes me wonder whether they would have had enough cash to make that payment were it not for the additional "investment" they managed to pull off only a day earlier.  Or if they did have the cash for that payment, perhaps they realized there would be insufficient cash flow for other purposes (e.g. payroll, holiday bonuses, etc.).

This apparent need for a cash infusion to make the BSF payment may point to some serious stress on cash.  Obviously it was going to be tight for them, but perhaps it is tighter than we had imagined.

The other interesting issue this raises is the relationship with BSF.  If things are really as tight as they now appear, I would have thought SCO would have been able to work something out with BSF.  Did BSF take a hardline on receiving their payment?  If so, what does that say about the future relationship/lawsuit management (as I believe BSF has now received all they'll receive in the form of regular payments)?