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CNET News.com: If it says Linux, investors want it

Dec 16, 1999, 02:21 (0 Talkback[s])
(Other stories by Dawn Kawamoto)

"From Java to "dot coms," investors have a way of latching onto the latest tech trend and driving stocks to dizzying heights--and Linux companies are the newest darlings of Wall Street."

"Companies focused on Linux, as well as those that merely mention the open-source operating system, are posting chart-topping gains as investors pile into the stocks."

"VA Linux, for example, jumped nearly 700 percent on its first day of trading last week, breaking the record for the largest first-day gain of any initial public stock offering. VA sells mainly servers that run the Linux operating system software."

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