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NY Post: Linux Threat To Microsoft is Very Real

Jun 09, 2003, 17:30 (22 Talkback[s])
(Other stories by Lauren Barack)

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[ Thanks to Matt for this link. ]

"Steve Ballmer's e-mail detailing Linux as a threat shook The Street yesterday--and possibly some confidence in Microsoft's reign.

"'Linux is a major, growing threat to Windows,' said Art Russell, a research analyst at Edward Jones. 'It's hard to compete with free in a tough economy when people are trying to do more with less.'

"Microsoft's stock traded at nearly double its daily average volume yesterday, after company CEO Ballmer's worries became known. Nearly 116 million shares changed hands--more than twice the daily average volume of 61.5 million. The stock closed down 78 cents, or 3.1 percent, to end the day at $24.09..."

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