Triangle Business Journal: Linux gains share, but few bucks | Linux Today

Triangle Business Journal: Linux gains share, but few bucks

Written By
Web Webster
Web Webster
Mar 7, 2000

“How would you like to have 25 percent of the $5.7 billion
computer server market, but less than 1 percent of the
revenues?”

“That, according to a new report, is the spot of Durham-based
Red Hat Inc. and the other companies selling Linux, the computer
operating system that can be downloaded free from the
Internet.”

“And, apparently, Wall Street investors have started to take
notice of the fact, as Linux-based stocks continue their downward
plunge.”

“Red Hat finished trading at $55.75 on March 1, down from its
52-week high of $151.”


Complete story
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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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