Boulder News: Red Hat goes public next week Aug 6, 1999, 14 :39 UTC (0 Talkback[s]) (2901 reads) (Other stories by David E. Kalish) (As seen on lwn)
"After a year of extraordinary publicity for the upstart computer operating system known as Linux, investors
finally get to vote on whether the touted program is a Microsoft killer, an over-hyped technology, or something
in between."
"Red Hat Inc. — a fast-growing seller of Linux software — is offering its shares to the public as early as next
week in one of the year's most awaited initial public offerings. The deal, if it takes off as some analysts expect,
could be the first in a string of IPOs from Linux companies."
"Yet for all the anticipation, investor appetite could be curbed by the Herculean task facing the recent flurry of
small companies focused on Linux: Gaining ground against the seemingly indomitable Microsoft Corp. and its
ubiquitous Windows program, which runs 90 percent of the world's desktop computers."
