“VA Linux Systems Inc., which makes software and products
for the Linux operating system, still expects to turn profitable in
the quarter ended October 2002, a company executive said on
Tuesday.“
“Despite an increasingly weak economic environment, chief
executive Larry Augustin told Reuters in an interview that he
believed VA Linux will still reach profitability within that time
frame by targeting enterprise customers and growing its
business.”
“Like many other companies in the technology sector, VA Linux
has been hit by an economic slowdown, forcing the company to report
in February a wider loss than expected in its fiscal second
quarter.”