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PRNewswire: WR Hambrecht + Co Initiates Coverage of VA Linux Systems, Inc. (LNUX) With a Buy Rating

Mar 30, 2000, 15:18 (0 Talkback[s])


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"The following is being issued by WR Hambrecht + Co, a member of the National Association of Securities Dealers, CRD number 45040:"

"WR Hambrecht + Co today initiated research coverage on VA Linux Systems, Inc. (Nasdaq: LNUX) with a buy rating. WR Hambrecht + Co.'s Open Source analyst Keith Bachman cited VA Linux's ability to offer a complete Linux solution set, information appliances and strong brand identity in both Linux and Open Source fields as key reasons for the rating. WR Hambrecht + Co offers all its research reports free and real-time at www.wrhambrecht.com."

"Bachman projects VA Linux's total revenues will reach $88.2 million in 2000 and $163 million in 2001, up from the 1999 total of $17.7 million."

"VA Linux is a leader in the Open Source and Linux markets, providing complete solutions including systems, software, services and information (portal)."

Press release.