LinuxStockNews: Mid Year Review – Secondary Linux Stocks (July 3, 2000)

“Once again, it’s time for a review of the companies we have
covered over the past six months. The last six months have seen
some of the biggest market volatility in history with the Nasdaq
hitting record highs then declining with breath taking swiftness. A
fifteen hundred point correction later, the Nasdaq has made a
miraculous recovery closing at over 3,950 points this week.
Linux stocks have been hit hard as investors have made their
“flight to quality”, embracing the Fortune 500 “bricks and mortar”
companies – companies these same investors walked away from not
eighteen months before. Linux companies have been one of the
technology sectors hardest hit by market movements with many
companies losing up to 80% of their value. However, the Linux
sector has started to make a comeback as the largest
technology companies such as IBM (NYSE: IBM) and Dell (NASD: DELL)
have made numerous investments in select companies showing robust
business models or promising technologies.”

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