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O'Reilly Network: Are Tech Book Sales a Leading Economic Indicator?

Nov 20, 2001, 16:13 (1 Talkback[s])
(Other stories by Madeline Schnapp)
"The most striking correlation was the sale of Linux books with the price of Red Hat Stock. We think the sale of O'Reilly's Linux books was strongly affected by the David-and-Goliath tale that the press was telling about Red Hat and Microsoft, as well as the IPO frenzy surrounding Red Hat and VA Linux. If we compare the top 10 Linux titles just prior to the IPO with the top 10 titles a year later (Table 1), we find that the earlier list is heavily weighted towards introductory Linux titles and that the later list contains more technical titles. Prior to the Red Hat IPO, consumers and investors, afraid of being left in the dust, were snatching up Linux books in the hope that these books would explain Linux and offer insight on whether to invest in Linux companies. The Linux books available on the market at the time certainly answered the first question. The answer to the second question was left to the judgment of the savvy investor."

Complete Story [ This item isn't a 'Linux story' exactly, but it's an interesting curiosity that involves some Linux-related statistics. -ed. ]

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