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Originally Published: Tuesday, 10 August 1999 | Author: Jeff Alami |
Published to: Internal News/General Announcements | Page: 1/1 - [Printable] |
Red Hat's IPO Becomes an Acid Test for Linux
After a year of good press, some analysts say the first day for Red Hat's IPO could be a Cinderella story...
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From E-Commerce Times:
"When Red Hat Inc., a seller of Linux software, makes it's debut on Wall Street this week, the world will be watching to see if the much-touted Microsoft-killer passes its biggest test of date: getting investors to pump money into it." "Aside from the cult-like exuberance of Linux devotees, this will be the first time the operating system has faced the hardened scrutiny of the Street." "But after a year of good press, some analysts say the first day for Red Hat's IPO could be a Cinderella story -- but no one quite knows when, or if, the clock will strike midnight."
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