dcsimg
Linux Today: Linux News On Internet Time.




More on LinuxToday


LinuxStockNews: Mid Year Review - Secondary Linux Stocks (July 3, 2000)

Jul 04, 2000, 12:01 (0 Talkback[s])

WEBINAR:
On-Demand

Re-Imagining Linux Platforms to Meet the Needs of Cloud Service Providers


"Once again, it's time for a review of the companies we have covered over the past six months. The last six months have seen some of the biggest market volatility in history with the Nasdaq hitting record highs then declining with breath taking swiftness. A fifteen hundred point correction later, the Nasdaq has made a miraculous recovery closing at over 3,950 points this week. Linux stocks have been hit hard as investors have made their "flight to quality", embracing the Fortune 500 "bricks and mortar" companies - companies these same investors walked away from not eighteen months before. Linux companies have been one of the technology sectors hardest hit by market movements with many companies losing up to 80% of their value. However, the Linux sector has started to make a comeback as the largest technology companies such as IBM (NYSE: IBM) and Dell (NASD: DELL) have made numerous investments in select companies showing robust business models or promising technologies."

Complete Story

Related Stories: