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Reuters: V-ONE stock vaults after Linux software release

Nov 30, 1999, 22:03 (1 Talkback[s])
(Other stories by Franklin Paul)

"Shares of V-ONE Corp. quadrupled on Tuesday after the maker of network security software introduced... SmartGate... for... Linux..."

"Shares of V-ONE Corp. quadrupled on Tuesday after the maker of network security software introduced a version of its flagship SmartGate program designed for computer users running the hot Linux operating system.

"V-ONE shares were up 11-7/16, or 315 percent, at 15, near the close of trade, after earlier touching an 52-week high of 16. With 57.6 million changing hands, V-ONE's volume was more than 90 times its daily average, making it by far the most active Nasdaq issue.

"Germantown, Md.-based V-ONE on Tuesday unveiled SmartGate for Linux, a software package that is compatible with Red Hat Inc.'s Red Hat Linux version 6.0."

Complete story.