AP/BusinessWeek: Red Hat Seen Generating Strong Cash Flow
Oct 31, 2006, 13:45 (0 Talkback[s])
"Shares of Red Hat Inc., a provider of open source Linux
software and services, jumped in morning trading on Monday after an
analyst speculated that even if the company does cut prices on some
of its services, it will still have healthy cash flow.
"The speculation is in response to a statement Friday by Red
Hat's CEO, who implied that the company does not currently plan to
cut prices to compete with a support service offering from database
and software maker Oracle Corp..."