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IT Management Linux News for Dec 13, 2000
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CBS Marketwatch: Linux stocks surge with IBM backing (Dec 13, 2000, 22:24)
"'This is more of a short-term impetus for the stocks right
now,' said Keith Bachman, analyst with ABN Amro. 'We don't see the
long-term trends for either VA Linux or Red Hat sustaining this
rally.'"
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Canoe.ca: Linux Stocks Extend Gains on IBM's US$1 Billion Spending Plan (Dec 13, 2000, 22:16)
"Keith Bachman, an analyst at ABN Amro, said, 'We're seeing
continued enthusiasm from the IBM news.' The IBM investment
combined with Nasdaq's robust but short-lived rally and sentiment
that the stocks have been pounded all boosted Linux companies, Mr.
Bachman said."
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Enterprise Linux Today: Inpharmatica installs largest European commercial bioinformatics processor platform (Dec 13, 2000, 20:22)
"1,100 Linux processor configuration combines unique software
and operational IT techniques with world-leading science to
accelerate drug discovery through the analysis of protein
structures."
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Enterprise Linux Today: Worldwide Server Revenues Jump 12% From 3Q99 to 3Q00, IDC Says (Dec 13, 2000, 17:54)
"Linux servers are becoming increasingly popular. Revenues for
this emerging operating environment increased a whopping 178% from
3Q99."
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Motley Fool: IBM Keeps Backing Linux (Dec 13, 2000, 16:52)
"The continued endorsement of IBM certainly bodes well, but can
Linux companies be successful investments? A company like Red Hat
is one way for investors to measure the success of Linux companies.
And while I even have my own doubts on the company's ability to
achieve success, considering that it sells something that can be
gotten for free, investors continue to keep these stocks on the
radar."
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Ch@nnelWeb: Channel Chatter: Readers Question IBM's Big Bet on Linux (Dec 13, 2000, 16:48)
"Readers were skeptical about whether IBM's bet on Linux will
pay off. "IBM could invest $1 trillion in Linux, and it's not gonna
overtake Windows NT by 2004. Or 2005. Or anytime."
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Ch@nnelWeb: Gerstner: IBM To Place Billion-Dollar Bet Linux Could Overtake NT (Dec 13, 2000, 16:40)
"IBM Chairman Louis Gerstner said his company is investing $1
billion in Linux as part of a bet that the open-source operating
system could overtake Microsoft's Windows NT in 2004."
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CNET News.com: Red Hat shares climb on earnings optimism (Dec 13, 2000, 15:59)
"Red Hat shares rose 17 percent Tuesday on investor optimism
that the largest U.S. distributor of software based on the Linux
operating system will meet or exceed financial forecasts..."
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Apache Today: NuSphere Offers Commercial Support for MySQL (Dec 13, 2000, 14:26)
"The packaged distribution comes with 30 days of Installation
Support to ensure that the configuration of MySQL, PHP, Perl and
Apache software is working on the NuSphere supported
platforms."
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BusinessWeek: Will Google's Purity Pay Off? (Dec 13, 2000, 01:17)
"But how will Google ever make money? There's the rub. The
company's adamant refusal to use banner or other graphical ads
eliminates what is the most lucrative income stream for rival
search engines."
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