“The ’69 Mets. Coney Island without the crime. Linux stocks. Ah,
the good old days.”
“It may seem like years ago that Linux stocks such as VA Linux
and Red Hat were all the rage for tech investors, but it was just
last year that their respective initial public offerings won the
hearts of investors.”
“Since then, though, those stocks have crashed, and Linux, the
open-source operating system that was going to change everything,
has receded from investors’ minds. Yet at Deustche Banc Alex.
Brown’s tech conference here this week, a panel featuring major
Linux companies drew a large crowd, which may mean investors
haven’t totally disavowed the stocks, said Deustche analyst Phil
Rueppel. (His firm has done underwriting for VA Linux and Red
Hat.)”