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Reuters: Corel stock buoyed by Linux interest

Aug 09, 1999, 21:28 (0 Talkback[s])

"Corel Corp. kicked stock market gains into overdrive on Monday, riding a wave of enthusiasm for the Linux operating system for which it is developing compatible software."

"The Ottawa-based software developer's strong showing comes amid increasing market interest in Linux. That open source operating system, which can be downloaded free on the Internet, is seen as a competitor to Microsoft Corp.'s Windows."

"Corel will preview new Linux software at the Linux World trade show in San Jose, California on Tuesday."

"The technology, which Corel expects to launch by year's end, is designed to be a user-friendly interface with Linux that presents a familiar screen to users. The system is aimed at making it easier to use Linux on desktop computers."

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