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January 26, 1999 4:05 PM PST

Short Take: SCO trounces expectations

Santa Cruz Operation, maker of the UnixWare operating system for Intel architecture machines, reported first quarter fiscal 1999 net income of $3 million, or 9 cents per diluted share, compared to $424,000 and 1 cent per share for the same quarter a year ago. The company trounced the two-broker analyst expectations of 4 cents per share, according to First Call. SCO predicted its partnership with IBM and Sequent to bring the Unix operating system to Intel's next generation 64-bit architecture will help the company gain more acceptance in the corporate world.

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