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SmartMoney.com: A (Red) Hatful of Rain

Written By
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Web Webster
Web Webster
Jun 8, 2002

[ Thanks to Brent Marinaccio for this
link. ]

“Four small Linux distributors announced a plan to band together
against industry leader Red Hat (RHAT). SuSE, Turbolinux, Conectiva
and Caldera International (CALD) will collaborate to create a
common operating-system core called UnitedLinux.

“You can smell the desperation. Caldera, the only public company
among the four, saw its stock drop 2% on the news. Two years ago,
Caldera shares hit a high of $109.50. Now, they’re 95 cents.
Meanwhile, Red Hat stock rose 8% to $4.72. The announcement seemed
merely to underline Red Hat’s dominance.

“Red Hat shareholders, however, might ask what good dominance
has brought them at a company that has failed to earn itself a
dime. A penny, even…”

Complete
Story

thumbnail
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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