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:Rusty Russell: LinuxOne Wastes Investors' Time, Money
Rusty Russell: LinuxOne Wastes Investors' Time, Money
Dec 28, 1999, 17 :44 UTC (10 Talkback[s]) (6647 reads)

(Other stories by Paul Russell)

"LinuxOne has a copy of RedHat, a thin web site, and an S-1 filing for their IPO. That's it."

"No experience in Linux, just a RedHat CD with the name changed. No experience in successful IPOs, just a great hope that this time the bandwagon will carry them to riches. After all, the founder of LinuxOne has tried to IPO before on various fly-by-night schemes...."

"This two people trying to drain $24 million dollars from ignorant investors before the ceiling falls in on their valueless company, and they spend half the money in lawsuits brought on by the mom'n'pop investors (who know nothing of Linux, but saw the LINX ticker)."

Complete Story

Related Stories:
Forbes: LinuxOne might be LinuxLast (Dec 28, 1999)
The Daily Deal: LinuxOne IPO Weeks Away At Best (Dec 28, 1999)
CNET News.com: LinuxOne aims to raise $24.75 million in IPO (Dec 24, 1999)
BW: LinuxOne, Inc. Announces Distribution Agreement in China (Dec 16, 1999)
PC World: LinuxOne Ready Drive: Not Ready (Dec 15, 1999)
PC World: De-Geeking Linux [LinuxOne's Ready Drive] (Dec 02, 1999)
PC Week: LinuxInfinity (Nov 18, 1999)
LinuxWorld: The strange case of LinuxOne, Linux newcomer files for IPO (Nov 06, 1999)
Wired: Linux IPO Plan Draws Fire (Nov 05, 1999)
The Register: LinuxOne takes more than a leaf out of Red Hat's book (Nov 02, 1999)
CNET News.com: LinuxOne's IPO filing irks the faithful (Oct 05, 1999)


Index Mode   |   Flat Mode   |   Thread Mode   |   Thread Flat  
  Talkback(s) Name  and Date
The language usage and the attitude towa ...   Cruel   
Kent Nguyen
Dec 28, 1999, 19:16:49
 
Things like this make you worry.  The si ...   This LinuxOne situation isn't good.   
Brian Ecker
Dec 28, 1999, 19:50:50
 
I thought there were strict rules about  ...   Arent there strict rules?   
brett
Dec 28, 1999, 20:27:42
 
Kent says that "any gain of a market sha ...   re: Kent's comments   
Patrick Stoddard
Dec 28, 1999, 20:29:28
 
Nobody's saying LinuxOne shouldn&#39 ...   Re: Cruel   
richj
Dec 28, 1999, 21:35:17
 
The stock market is a free market.  Linu ...   Market will correct itself, and the article is imm   
Kent Nguyen
Dec 29, 1999, 00:07:06
 
Every ipo must offer a prospectus indica ...   Re:Brett's comments   
dc
Dec 29, 1999, 01:34:13
 
Kent, the problem is that LinuxOne is as ...   Re: Market will correct itself, and the article is   
Jim Flynn
Dec 29, 1999, 02:34:16
 
In http://linuxtoday.com/story.php3?sn=1 ...   Dec 15th article on LinuxOne product   
bob niederman
Dec 29, 1999, 06:35:42
 
I was thinking about investing a small a ...   Thanks   
Rick Montalbano
Dec 29, 1999, 17:51:12
 
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