[ Thanks to Jeff
Colin for this link. ]
“Next week will see the release of two new IPOs – VA Linux
Systems and Slashdot’s parent Andover.net. VA Linux is an
Original Equipment Manufacturer (OEM) pre-installs ready-to-run
Linux on its systems. Andover had largely been an unknown in the
Linux market space until its acquisition of geek message forum
Slashdot.org and download site freshmeat.net….”
“Shares in Andover is expected to be priced between $12 to $15.
An interesting twist in Andover’s IPO is that will based on the
Dutch auction format. Unlike traditional formats, if there are no
takers at a price, the share price drops until someone successfully
bids for the stock lot….”
“Investors are more upbeat about VA Linux systems “I have a very
good feeling about VA Linux Systems as they have a much more robust
revenue generating model than Andover’s,” said Jeffrey Collop, an
investor who has been monitoring the rise of Linux since the wildly
successful Red Hat [Nasdaq: RHAT] IPO. “I think that we can be
assured that VA can mirror the Red Hat success,” he added.”