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The Standard: Who's Afraid of Linux?

Aug 14, 2000, 23:58 (1 Talkback[s])
(Other stories by David Sims)

"All those pre-show press releases paid off over the weekend as nearly every media outlet rolled over and rolled out a LinuxWorld preview story. Some of these rehashed the amazing and oft-heard tale of how a little operating system developed by a Finnish grad student became Silicon Valley's last, best hope against the Evil Empire. A few took a tougher stance, looking back over the Linux IPO excitement of earlier this year and asking the embarrassing question: Is there money in free software?"

"Users may be expected to love Linux more, but investors have learned to love it less. Red Herring's Dan Briody detailed a list of disappointing drops in the shares of Linux companies such as Red Hat (RHAT) and VA Linux. "There may be a few short-term trading opportunities around the LinuxWorld show, but most of the pure-play Linux companies aren't expected to make money anytime soon." In a similar vein, Melissa Edwards in Investment.com blames Linux for crippling Corel (CORL) . "The struggles of Corel and its major competitors in the Linux race suggest that the product, and not distrust for Corel's management, is the main reason for Corel's fall from favor." With coverage like that, they better hope all press really is good press."

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