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CBSMarketWatch: Red Hat rises on possible 3-way Microsoft break

May 26, 2000, 00:38 (0 Talkback[s])


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"Shares of Red Hat rose 6 percent Thursday on the heels of a possible breakup of Microsoft into three companies, while the software giant's stock dropped."

"Shares of Durham, N.C.-based Red Hat rose by 1 to 16 3/4. Other Linux players are up as well: VA Linux Systems (LNUX: news, msgs) rose 1 7/8, or 4.5 percent, to 43 3/8. Corel (CORL: news, msgs) rose 3/32, or 2.5 percent, to 3 27/32. Meanwhile, Microsoft dipped 4 1/16, or 6 percent, to 61 1/2."

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