CNET News.com: If it says Linux, investors want it | Linux Today

CNET News.com: If it says Linux, investors want it

Written By
Web Webster
Web Webster
Dec 16, 1999

“From Java to “dot coms,” investors have a way of latching onto
the latest tech trend and driving stocks to dizzying heights–and
Linux companies are the newest darlings of Wall Street.”

Companies focused on Linux, as well as those that merely
mention the open-source operating system, are posting chart-topping
gains as investors pile into the stocks.

“VA Linux, for example, jumped nearly 700 percent on its first
day of trading last week, breaking the record for the largest
first-day gain of any initial public stock offering. VA sells
mainly servers that run the Linux operating system software.”


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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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