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Kansas City Star: Net stock lunacy, thy name is Linux

Dec 20, 1999, 19:28 (6 Talkback[s])
(Other stories by Jerry Heaster)

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"Just when you think the Internet stock craze can't get more irrational, along comes an initial public offering to top all other insanity."

"The probably quaint, but nevertheless reasonable, assumption must be that if investors deem a company worth nearly $10 billion, they have expectations of profitability."

"They say they'll make money on support, service and their Web sites. Fine, but how rational is it to pursue a business plan aimed at eliminating the basic product's potential profitability?"

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