“When devotees of the Linux operating system gather for another
big trade show this week, the IPO of the biggest company in this
quirky community, Red Hat Software Inc., is sure to be the biggest
buzz of the show.”
“Whether the timing is coincidental or not is unclear, but Red
Hat, the biggest distributor of the alternative Linux operating
system, is expected to go public on Wednesday, the second day of
LinuxWorld, depending on the increasingly rocky stock market
conditions and the volatile IPO market.”
“I think the deal will go and will work, provided the market is
supportive of the pricing,” said David Menlow of the IPO Financial
Network based in Millburn, N.J. “It does appear to be the best IPO
of the week.”
[Free Registration required for this link. lt-Ed.]