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CNET News.com: Linuxcare is an oasis of calm amid the Linux frenzy

Sep 02, 1999, 04:02 (0 Talkback[s])
(Other stories by Stephen Shankland)

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"Given the populist support for the Linux operating system, Linuxcare would seem like a top candidate to sell stock to the public. Not so fast, says the company."

""We don't want to go out there as a concept kind of company," Sarrat said in an interview with CNET News.com. Instead, Sarrat is busy signing Linux-support contracts so the company has a solid revenue stream before launching an IPO. Linuxcare, which provides technical support and training for Linux, is raising enough in corporate investments "to have enough flexibility to pick our IPO time whenever we want next year," he said."

"What's going on here--sober, rational thought in the midst the hype that surrounds Linux?"

""I think Linuxcare is being very pragmatic," said Giga Information Group analyst Stacey Quandt. Many stock traders are "following the hype and not as aware of what Linux and open source is about. They hear about Red Hat going public, and they think there is an opportunity for them as well.""

"Sun Signs up Linuxcare"

"We're entering in to the desktop service area a little faster than we had intended, but we feel the services we have been providing at the server level are well enough oiled right now that it is prudent," Sarrat said. "The relationship with Sun is such that we just couldn't pass up the opportunity," indicating that Linuxcare was also working with Sun to write Linux drivers for Sun peripheral hardware."

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