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IT Management Linux News for Feb 20, 2001

  • VA Linux to Cut Quarter of Workforce (Feb 20, 2001, 23:35)
    "VA Linux Systems came in two cents below Wall Street estimates Tuesday, disclosing a pro forma net loss of 28 cents per diluted share, or $13.4 million for the second quarter. The news sent the company's stock down to $5.75 in after-hours activity, and included concurrent announcements that VA would be reducing its workforce by 25% and had appointed a new president and COO to help the company achieve profitability at lower revenue levels."

  • TechWeb: IBM To Unveil New Linux Moves (Feb 20, 2001, 15:14)
    "New high-speed interconnects between the company's iSeries [AS/400] and xSeries, formerly the NetFinity, servers, will be introduced, as will technologies that enable Linux clustering of xSeries servers..."