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E-Commerce Times: Caldera Looks for Piece of Linux IPO Pie

Mar 14, 2000, 22:33 (0 Talkback[s])
(Other stories by Matthew W. Beale)

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"The company, which filed for its highly anticipated initial public offering with the Securities and Exchange Commission (SEC) in January of this year, raised the pricing of its common stock to the range of $8 to $10 (US$) a share, looking to raise $50 million."

"Trading under the Nasdaq symbol "CALD," the offering is currently scheduled to hit The Street on Friday. Despite recent steep declines in other Linux-related stocks, some analysts expect a strong showing...."

"The company moved to become something of an e-commerce enabler in January with the launch of its OpenLinux-based eServer 2.3 at the LinuxWorld Expo in New York City. The product includes IBM products VisualAge for Java and the WebSphere Application Server Standard Edition for Linux, helping users of the product to streamline the process of creating an online presence."

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