“A new version of the upstart Linux operating system will be
released by midyear, its creator, Linus Torvalds said Wednesday,
and shares in Linux companies surged.”
“The new software, Linux 2.4, is still in development and will
be available in the summer, Torvalds said at the LinuxWorld
Conference here.”
“Shares of Red Hat Inc. (NasdaqNM:RHAT – news), the best known
distributor of Linux closed up 15-1/2 to 108, while Andover.net
(NasdaqNM:ANDN – news) added 7-1/8 to 36. All three stocks trade on
the Nasdaq stock market.”