:NY Times: Red Hat IPO to Be the Buzz of Linux Show
NY Times: Red Hat IPO to Be the Buzz of Linux Show Aug 9, 1999, 17 :24 UTC (0 Talkback[s]) (3060 reads)
"When devotees of the Linux operating
system gather for another big trade show this week, the IPO of the
biggest company in this quirky community, Red Hat Software Inc., is
sure to be the biggest buzz of the show."
"Whether the timing is coincidental or not is unclear, but Red Hat, the
biggest distributor of the alternative Linux operating system, is expected
to go public on Wednesday, the second day of LinuxWorld, depending
on the increasingly rocky stock market conditions and the volatile IPO
market."
"I think the deal will go and will work, provided the market is supportive
of the pricing," said David Menlow of the IPO Financial Network based
in Millburn, N.J. "It does appear to be the best IPO of the week."
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