Seattle Times/LA Times: VA Linux skyrockets 10-fold in trading debut | Linux Today
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Seattle Times/LA Times: VA Linux skyrockets 10-fold in trading debut

Written By
Web Webster
Web Webster
Dec 12, 1999

“VA Linux Systems, a maker of high-end computers that run the
hot Linux computer operating system, is riding the latest Wall
Street fad – even surpassing the recent mania for the e-commerce
companies – as investors bet on Linux as a rival to Microsoft’s
Windows NT for high-end computers….”

“The company raised $132 million through the sale of 4.4 million
shares.”

“Some analysts, however, characterized the price of VA Linux
as an “irrational” and “emotional” movement by investors to grab
anything on the Linux bandwagon.“


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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