“Red Hat Inc., a Durham company that has taken Torvald’s
invention to form a company, is going public in the next few
days.”
“Analysts are predicting that Red Hat, which has priced its
shares between $10 and $12, will spike up to as much as $60 to $100
in its first few days and stay there for a while. With more than 67
million shares outstanding after the offering, Red Hat’s market cap
could top $5 billion after the first day of trading.”
“And that’s just one company. Europe’s SuSe’ Systems is expected
to go public next year and is likely to be followed by Japan’s
Pacific HighTech Inc. Like Red Hat, these two companies are
commercial vendors of the Linux operating system.”