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

Written By
thumbnail
Web Webster
Web Webster
Apr 25, 2000

[ 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.”

Complete
Story

thumbnail
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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