Linux Today: Linux News On Internet Time.
Search Linux Today
Linux News Sections:  Developer -  High Performance -  Infrastructure -  IT Management -  Security -  Storage -
Linux Today Navigation
LT Home
Contribute
Contribute
Link to Us
Linux Jobs

Partner Sites
JustLinux.com
Linux Planet
PHPBuilder
Technology Jobs

Top White Papers

More on LinuxToday


DowJones.com/WSJ: How Get-Rich Hopes Of Linux Techies Went Up in Flames

Aug 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."

Complete story.