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Upside: Lineo marches toward IPO

May 24, 2000, 11:11 (0 Talkback[s])
(Other stories by Sam Williams)

"IPO quiet period interviews, as a rule, are tricky affairs. Like congressional hearings, most are heavy on the hand-over-the-microphone dramatics as $200-per-hour attorneys turn even the simplest "how are you?" question into a Fifth Amendment challenge."

"For Bryan Sparks, however, it's just another interview. Maybe that's because as founder, chairman and chief executive of Lineo Inc., the Lindon, Utah-based embedded Linux player, Sparks is the type of man used to relying on his own counsel. Then again, when an awkwardly phrased question asks him to compare his company with another recent Linux IPO hopeful, San Francisco-based Linuxcare, even Sparks must apologize and click the telephone mute button."

"Granted, Sparks has his reasons for staying silent. Given the current market attitude towards Linux-related companies, an attitude that can be described as ambiguous at best, the last thing he needs to do is go comparing himself to anybody else, least of all a fellow Linux company that watched its IPO hopes melt in the wake of management turmoil and shifting investor mood."

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