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[email protected] Investor: Red Hat chatter heats up as quiet period ends

“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.”


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