Wired: Caldera Set to Ride Linux Wave

[ Thanks to Kevin Reichard for this link. ]

"Just as the euphoria surrounding Linux stocks appears to be dimming a bit, Caldera Systems is hoping to reignite the magic with an IPO set for this week."

"The software developer, until now best known for its parent company's high-profile lawsuit against Microsoft, is hoping to raise about $40 million through its IPO."

"As Caldera prepares to go public, its financial condition isn't much different from that of other tech companies launching new stock offerings. In its five-year operating history, the company has had no profits and has racked up about $35 million in losses. Its revenue is less than a fourth of Red Hat's."

Complete Story

Related Stories:

• CNET News.com: Caldera and FairMarket IPOs on tap next week(Mar 11, 2000)
• PC Week: Luster of Linux IPOs fades as stock dips(Mar 10, 2000)
• Red Herring: IPO Critic: Will Caldera collapse the Linux volcano?(Mar 10, 2000)
• CNET News.com: Linuxcare plans to raise $56.6 million in IPO(Mar 03, 2000)
• SRO: Caldera IPO Launch, Long Awaited Linux IPO expected to open on March 13(Mar 02, 2000)
• WideOpenNews.com: Linuxcare Discloses IPO Plans(Feb 29, 2000)