“As Red Hat Inc.’s (Nasdaq: RHAT) quiet period drew to a close
Tuesday, underwriters handed out bullish ratings. The company also
announced that Gateway (NYSE: GTW) will become an authorized
reseller of its software and it will open a new division in
Japan.”
“Shares in the provider of Linux-based operating systems were up
11/16 to 85 5/8, approaching the high of 90 11/16 they reached just
after Red Hat stormed up 272 percent in its IPO. Gateway shares
were up 1 1/16 to 99 9/16.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
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