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TechWeb/Reuters: Caldera Climbs 110 Percent In IPO Debut

Mar 22, 2000, 02:18 (0 Talkback[s])

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"Shares of Caldera Systems, a developer of services and software for the Linux operating system, jumped 110 percent in its IPO, but its gains were a far cry from the stellar performances of other Linux stock offerings...."

"Ransom Love, president and CEO of Caldera, said he was pleased with the company's performance in its debut as a publicly traded company."

"Actually, we are very happy because what we did not want to happen was watch it come to a huge spike and then watch it tail off," Love said in a phone interview. "We are seeing an indication that people are holding onto their shares."

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