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San Francisco Chronicle: End of Lockup Period for VA Linux Doesn't Feel Too Liberating

Jun 08, 2000, 07:14 (1 Talkback[s])
(Other stories by Kathleen Pender)

"Today, employees at VA Linux and the venture capitalists who financed it get their first chance to sell shares in the company since it pulled off a record- breaking IPO six months ago."

"But there probably won't be much celebrating."

"That's because the stock has gone almost straight downhill since it soared 733 percent on its opening day."

"And it could go down some more, now that there are more than four times as many shares that potentially can be traded. When the Sunnyvale company issues stock to acquire competitor Andover.net later this week, there will be even more VA Linux shares on the market."

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