“Tonight’s big winner was the gentleman in the red cap. Red
Hat CEO, Bob Young, who bears an unnerving resemblance to Bill
Gates, but distinguishes himself with his ever-present perky red
hat, saw his stock jump 5 points in the aftermath of the 4:30 pm
EDT Microsoft news conference.“
“It fluctuated slightly, but finished the evening up 4 13/16 to
29 7/8 on 150,000 shares on Instinet and popped 5 to 30 on 380,000
Island shares.”
“Founded in 1994, Red Hat makes open source operating systems.
The Red Hat Linux Os, competes with the Microsoft operating system
and is distributed by PC and server manufacturers such as Compaq,
Dell, Gateway, IBM, Hewlett-Packard and Silicon Graphics.”