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Linux Journal: LinuxWorld Expo Recap

Feb 06, 2000, 01:09 (0 Talkback[s])
(Other stories by Phil Hughes)

"LinuxWorld Expo was the big event of the week of January 30 through February 5. The show was big, but the announcements were even bigger. In this week's program, I will be talking about the announcements and other happenings and what they mean to the Linux community."

"The biggest announcement was VA Linux Systems' purchase of Andover.net. While we were expecting this, it seems to have come as a surprise to a lot of the world. Does it make sense? Yes, although there needs to be more."

"After VA's big IPO last year, their stock has been dropping from a high of 320 right after the IPO in December to a low of 105-1/2 last month. A market capitalization in the billions (between $5 and $15 billion, depending on when you looked at it) just doesn't make long-term sense for a company that had $30 million in sales last year. The trick is to take some of that extra money, and go buy someone (or something) that helps make you look bigger."

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