MSNBC: Markets fall in love with Linux | Linux Today

MSNBC: Markets fall in love with Linux

Written By
Web Webster
Web Webster
Dec 7, 1999

“There’s nothing like a 1,500-percent-plus stock-value jump to
catch the attention of investors. Ever since Red Hat, a seller of
Linux software, went public and rocketed skyward, investors have
eagerly anticipated the growth of a hot new IPO sector. Two more
Linux-oriented firms will go public this week – VA Linux and
Andover.net – and plenty more are on the horizon. But what’s the
best way to play the rapidly evolving Linux market?…”

It’s a foregone conclusion of most analysts and investors
that both VA Linux and Andover.net will soar in the public
markets.

“It appears the IPO players will have a huge windfall,” says
David Menlow, president of data firm IPO Financial Network in New
Jersey. “It’s only a question of how high these open … As for VA
Linux, this one is probably the best stock for the rest of the
year.”

Complete
Story

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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