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DowJones.com/WSJ: How Get-Rich Hopes Of Linux Techies Went Up in FlamesAug 18, 1999, 20:49 (2 Talkback[s])
(Other stories by Randall Smith, Lee Gomes)
"Forget for a moment what you've read about techno-savvy twentysomethings making a fortune on initial public offerings.
"When thousands of computer buffs received an offer for what amounted to free money -- the chance to get in on one of Wall Street's hottest IPOs this year -- some of them blew it.
"Instead, they wound up fuming -- and flaming -- as the stock of Linux software vendor Red Hat Inc. soared sixfold in its first three days of trading..."
"Red Hat's special offer was intended as a means of paying back programmers who have done volunteer work on Linux... Instead, hundreds of the programmers didn't -- or couldn't -- cash in."
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