Wired: Caldera Set to Ride Linux WaveMar 13, 2000, 22:57 (0 Talkback[s])
(Other stories by Joanna Glasner)
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"Just as the euphoria surrounding Linux stocks appears to be dimming a bit, Caldera Systems is hoping to reignite the magic with an IPO set for this week."
"The software developer, until now best known for its parent company's high-profile lawsuit against Microsoft, is hoping to raise about $40 million through its IPO."
"As Caldera prepares to go public, its financial condition isn't much different from that of other tech companies launching new stock offerings. In its five-year operating history, the company has had no profits and has racked up about $35 million in losses. Its revenue is less than a fourth of Red Hat's."
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