“The dour mood on Wall Street has dragged three Linux
company stocks below their initial public offering price, and
others aren’t far behind.”
“Linux seller Caldera Systems, which debuted at $14 a share in
its IPO less than a month ago, closed regular trading at $9.56
today, down 11 percent. Andover.Net, the collection of Linux and
programming Web sites that launched in December at $18 a share,
closed at $10.13, down nearly a third. And VA Linux Systems, the
Linux computer maker whose $30 IPO price soared a record 697
percent to close at $239.25 on its opening day, sunk to $28.94, a
drop of 19 percent for the day.”
“Other Linux companies aren’t faring much better.”