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Rusty Russell: LinuxOne Wastes Investors' Time, Money

Dec 28, 1999, 17:44 (10 Talkback[s])
(Other stories by Paul Russell)

"LinuxOne has a copy of RedHat, a thin web site, and an S-1 filing for their IPO. That's it."

"No experience in Linux, just a RedHat CD with the name changed. No experience in successful IPOs, just a great hope that this time the bandwagon will carry them to riches. After all, the founder of LinuxOne has tried to IPO before on various fly-by-night schemes...."

"This two people trying to drain $24 million dollars from ignorant investors before the ceiling falls in on their valueless company, and they spend half the money in lawsuits brought on by the mom'n'pop investors (who know nothing of Linux, but saw the LINX ticker)."

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