Internet Stock Report: Andover.net: Another One for the Linux Bandwagon | Linux Today

Internet Stock Report: Andover.net: Another One for the Linux Bandwagon

Written By
Web Webster
Web Webster
Dec 2, 1999

[ Thanks to Kevin
Reichard
for this link. ]

“With the surge in RedHat (RHAT) , anything Linux has been red
hot. For instance, the long-struggling software developer, Corel
(CORL) , rocketed because of rumors of a possible acquisition from
RedHat, as well as the release of new Linux-based
applications….”

One of the companies spawned by the Linux revolution has
been Andover.net . Revenues have increased from $1.3 million for
1998 to $2.1 million for 1999. The company is primarily advertising
driven (95 percent of total sales).
There are over 130
advertisers, with the top ones being EarthWeb, IBM, CNET,
Broadcast.com and Silicon Graphics.”

“Furthermore, about $570,000 of the 1999 revenues were the
result of barter arrangements. Basically, these are non-cash
transactions, in which companies swap banner impressions.”


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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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