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CNET News.com: VA Linux rises on analyst upgrade

Aug 10, 2000, 00:31 (1 Talkback[s])

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"VA Linux Systems shares rose 14 percent after an analyst said the maker of Linux software and computers is seeing rising demand for some products and may move into new markets."

"VA Linux shares closed up $4.88 to $39.13, after rising as high as $41.25 during the day."

"Philip Rueppel at Deutsche Banc Alex. Brown raised his rating on the company, which makes products related to the Linux operating system, to "strong buy" from "buy." Demand for VA Linux's server computer products remains strong and the company probably will expand into the growing market for storage devices, Rueppel said in a report."

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