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."

Read the article.





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