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Linux Journal: LinuxWorld Expo Recap

Written By
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Web Webster
Web Webster
Feb 6, 2000

LinuxWorld Expo was the big event of the week of January 30
through February 5. The show was big, but the announcements were
even bigger.
In this week’s program, I will be talking about
the announcements and other happenings and what they mean to the
Linux community.”

“The biggest announcement was VA Linux Systems’ purchase of
Andover.net. While we were expecting this, it seems to have come as
a surprise to a lot of the world. Does it make sense? Yes, although
there needs to be more.”

“After VA’s big IPO last year, their stock has been dropping
from a high of 320 right after the IPO in December to a low of
105-1/2 last month. A market capitalization in the billions
(between $5 and $15 billion, depending on when you looked at it)
just doesn’t make long-term sense for a company that had $30
million in sales last year. The trick is to take some of that extra
money, and go buy someone (or something) that helps make you look
bigger.”

Complete
Story

thumbnail
Web Webster

Web Webster

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.

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