Smart Partner: Can Linux Make Money?Sep 15, 2000, 22:38 (1 Talkback[s])
(Other stories by Steven J. Vaughan-Nichols)
"A year ago it was enough to have a dream, a hot technology and a good name. Today, however, tech stocks--such as Red Hat, the leading Linux distributor--need more. They need, if not profits, than solid bottom-line improvements. Red Hat delivered."
"But, what many analysts hoped to see, the appointment of a CFO, did not happen. After CFO Harold Covert's July 25 departure for SGI's CFO post, the company has been unable to land a top CFO."
"The results--reported revenue of $18.5 million for the second quarter with a 76 percent increase over last year's second quarter's $10.5 million--weren't sensational. But, it did beat the whisper numbers, albeit barely."