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Forbes: Red Hat Shares Fall 3.3%

Nov 15, 2006, 16:00 (6 Talkback[s])

"If Tuesday serves as any indication, the third quarter may not be a good one for Linux king Red Hat.

"On the same day that the company's Chief Financial Officer Charlie Peters said Oracle's push into the Linux market--as well as Microsoft's recent partnership with Novell--may hurt the company near-term, shares fell 3.3%, or 57 cents, to $16.96..."

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