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IT Management Linux News for Jan 17, 2001
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Three Additional Class-Action Suits Filed Against VA Linux (Jan 17, 2001, 23:10)
The total rises to seven.
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Reuters: IBM Reports Solid Quarter, Well Placed for 2001 (Jan 17, 2001, 22:56)
"International Business Machines Corp., the world's largest
computer maker, on Wednesday reported fourth-quarter profit rose 28
percent, slightly exceeding analyst expectations, and said it was
better placed than its competitors to weather any economic
downturn."
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Apache Today: Zope 2.3.0 beta 1 released (Jan 17, 2001, 20:21)
This release contains the final new features for 2.3.
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NewsBytes: Linux Encroaching Into Enterprise Computing in Philippines (Jan 17, 2001, 17:14)
"Linux is apparently starting to inch its way into the realm of
enterprise computing in the Philippines as more large companies put
their faith in open-source technology."
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Kansas City Star: KC computer firm Atipa continues cuts in work force (Jan 17, 2001, 16:32)
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Raging Bull: Has Linux Bubble Burst? (Jan 17, 2001, 15:28)
"This brings me to what I think is the fatal flaw in the
promulgation of the Linux operating system: lack of profit motive
up and down the distribution food chain. If the often vilified Bill
Gates proved one thing by making Windows the most-widely used
operating system in the world it is this: profit motivates."
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Fairfax IT: VA Linux revises overoptimistic revenues forecast (Jan 17, 2001, 14:51)
"Going forward in this economic environment, we intend to focus
on higher margin business and to manage expense levels such that we
can achieve profitability given our revised revenue
expectations."
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Newsforge: Tuxtops.com suspends Linux laptop sales (Jan 17, 2001, 03:18)
"Selling Linux on laptops isn't the innovation that it used to
be, and that could be part of the reason Tuxtops is changing its
focus. From his home in Sunnyvale, Hine shared some of the
reasoning behind the decision to suspend sales of laptops. '[It]
was a difficult business to maintain. The competition was growing,
including big companies -- when we started there were very few
competitors.'"
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BusinessWire: VA Linux Warns of Wider-Than-Expected Fiscal Loss (Jan 17, 2001, 02:17)
VA Linux Systems today announced that it expects revenue for the
second fiscal quarter, ended January 27, 2001, to be $43 million to
$50 million, an increase of 115% to 150% from the second quarter of
fiscal 2000. It expects the loss for the quarter, excluding
non-cash charges, to be in the range of $0.28 to $0.24 per
share.
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