:Yahoo!/Reuters: Caldera, VA Linux rise on IBM Linux comments
Yahoo!/Reuters: Caldera, VA Linux rise on IBM Linux comments
Nov 16, 2001, 22 :28 UTC (8 Talkback[s]) (7587 reads)
"Shares of struggling Linux software maker Caldera International Inc.
(NASDAQ:CALD)
, on Friday continued a steep climb on the back of positive comments from IBM about the alternative operating system.
Caldera shares rose 13 cents, or 27 percent, to 61 cents on Nasdaq in afternoon trade, after earlier rising as high as 65 cents, their highest level since late August. The shares, which peaked in March 2000 at $33, have risen about 118 percent over the past two days.
Shares of VA Linux Systems Inc.
(NASDAQ:LNUX) were up nearly 6 percent, or 15 cents, to $2.96, climbing some 48 percent in two days."
