IT Management Linux News for May 26, 2000
ZDNet UK: Linux stocks go from famous to forgotten (May 26, 2000, 14:01)
"Wall Street is prone to overreaction -- in both directions.
When a hot growth market appears, Wall Street hops on the bandwagon
-- sometimes years ahead of any fundamental evidence. As investors
move on to something knew, the previous buzz is forgotten."
The Register: IBM makes NUMA Linux-friendly (May 26, 2000, 11:08)
"No, it's the Linux spin which IBM feels obliged to sprinkle on
all its announcements these days that's the problem."
The Standard: Microsoft Everywhere (May 26, 2000, 06:22)
"While new VP of corporate and industry initiatives Linda Stone
explains to the world how Microsoft (MSFT) is nice and sweet... the
Redmond Giant continues to seek world domination on a variety of
fronts, with mixed results."
BW: Corel Announces Resignations Of Senior Managers (May 26, 2000, 02:03)
"Although Corel is currently in a quiet period prior to the
release of its fiscal 2000 second quarter results... the company
wishes to state that the departures of Ms. Gibson and Mr. Smith are
not related to any performance or financial-related issues."
CNET News.com/Reuters: Corel secures badly needed cash infusion (May 26, 2000, 01:57)
"Corel said after a trading halt that it had struck the deal
with Canaccord Capital, including an option for an additional $5
million at Canaccord's discretion. By mutual agreement, Corel and
Canaccord can add another $5 million to the deal."
Reuters: Corel strikes finance deal worth up to C$30 million (May 26, 2000, 01:52)
"Embattled Canadian software developer Corel Corp. said late on
Thursday it had secured a much-needed financial lifeline, adding
C$15 million in a bought deal financing agreement, with an option
for an additional C$15 million."
BW: Merlin Software Announces Opening of Sales Office in Phoenix, Arizona (May 26, 2000, 01:41)
"...another step in the Merlin strategic plan, an aggressive
plan aimed at establishing Merlin as The Linux Applications
CBSMarketWatch: Red Hat rises on possible 3-way Microsoft break (May 26, 2000, 00:38)
"Other Linux players are up as well: VA Linux Systems...
Corel... Meanwhile, Microsoft dipped..."