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BW: Announces Investment Opinion on Linux Wizardry

May 16, 2000, 20:57 (0 Talkback[s])

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"Some investors, particularly those who are new to the market and do not yet have decades of investing experience under their belts, question the Fed's policy of raising rates. We know that the Fed is tightening to restrain perceived inflation pressures, but how bad could inflation get in the near-term? Most people under 30 years of age do not remember the runaway inflation of the 1970's. Back then, inflation accelerated across a whole decade, reaching double-digit rates. Although there is no comparison between the behavior of the monetary data in the 1970's and current data, the prospect of runaway inflation remains a fear for most investors and for the Fed, whose job it is to protect against such future occurrences." Stated Peter Antipatis."

"Linux Wizardry Inc. just announced that an agreement has been completed with Programmer's Paradise to sell thier LinuxWizardry Apprentice router through its many catalogs and through its web site: Production units of the Apprentice router are scheduled to be launched August of this year."

"The LinuxWizardry router will allow small to medium businesses to take control of their network for the first time because of the user friendly features that will not require an expensive network specialist to configure. The router business is presently dominated by Cisco Systems which supplies the current Microsoft Windows based system."

Press Release