internetnews.com: Linux a Money Making Investment: Analysts
Jul 03, 2004, 22:00 (4 Talkback[s])
(Other stories by Sean Michael Kerner)
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"One the most straightforward ways to potentially profit from
the open source movement and specifically the Linux operating
system is buying stock in the leading vendors, according to one
investment research firm.
"A new research report recently published from Equity Research
firm, Caris & Company, titled The Best Things in Life are Free?
indicates that the research group has high hopes for both Novell
and Red Hat.
"Provo, Utah-based Novell has been given a BUY rating with a
target price of $12 while Raleigh, N.C.-based Red Hat has been
given an AVERAGE rating with a $27 price target. Both prices are
higher then either stock is currently trading (as of Friday July 2,