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Linsider: Rocket Boys and Falling Rocks: The Linsider Linux Weekly Stock Summary

Apr 25, 2000, 02:30 (0 Talkback[s])
(Other stories by Michael J. Hammel)

[ Thanks to Fred Palmer for this link. ]

"Stocks settled back down this past week, but that didn't keep a few Linux bretheren from making some headway - or some thumping sounds as they bounced down the circular stairwell of the investment worlds family towers. IBM was down, but one wonders why. eOn was up, but one wonders how. And Corel might run out of money, if Inprise won't marry them. It can be a mean family at times. Take a peek at last week's family gossip."

"Well, now that's more like it. After the strange start to this column last week that covered the wild ride in the markets two weeks past, Linux stocks returned to some more down to earth movements this past week. The tech heavy NASDAQ was up 323 points while the DOW moved up 538 points. Linux stocks in general were up for the week, with nearly 4 to 1 seeing stock prices rise over prior week closings. After the battering they took the previous week it's not surprising to see a little upward motion. Unfortunately, even with generally good earnings news coming in, the coming week could be tough on investors after the Fed reports on 1st Quarter growth and the Employment Cost Index."

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