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: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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Related Stories:
Red Hat Software, Inc. restructures FTP site (Jul 31, 1999)
InfoWorld: Red Hat unwraps Linux-based e-commerce server (Jul 27, 1999)
LWN: Red Hat's IPO filing (Jun 09, 1999)
Red Hat, Inc. Announces IPO (Jun 04, 1999)



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