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Goldman Sachs Cuts 2008 Estimates on Proprietary Software Companies, Red Hat

Nov 29, 2007, 17:30 (2 Talkback[s])
(Other stories by Matt Asay)

"Remember the good ol' days of enterprise software when a vendor could foist a multi-million dollar software package on an IT buyer and get away with also charging downstream fees for support and maintenance? In a sign that this bleak time for IT buyers is at an end (and a bleak period is ahead for proprietary software vendors), Goldman Sachs has cut its estimates on a wide range of software companies, citing a softening in capital expenditures for the near term...

"Red Hat didn't escape Goldman's knife, but Microsoft and Oracle did. Why...?"

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