TheStreet: Net Sector Inches Up as Linux-Related Stocks Heat Up | Linux Today

TheStreet: Net Sector Inches Up as Linux-Related Stocks Heat Up

Written By
Web Webster
Web Webster
Dec 9, 1999

[ Thanks to Ville
Oksanen
for this link. ]

Take one of the hottest subsectors in the software field.
Combine it with an IPO market that has been on fire. And what do
you get?
A stock that goes up more than 900% intraday….”

“While anything Linux-based has been scorching, it’s been
another story in the rest of the technology sector. Just when it
seemed as though investors would throw money into technology stocks
willy-nilly, along came the profit-takers. Whether there is some
concern ahead of tomorrow’s Producer Price Index report, or traders
have realized how fortunate they were to realize such tremendous
gains this year, some money was being taken off the table.”

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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