"Despite the gloom in the tech sector, Red Hat managers said
they were upbeat because Red Hat is a leading distributor of the
Linux operating system, which is seen as an alternative to
Microsoft Corp.'s Windows. Unlike Windows, the Linux system's code
is "open" or widely available to software designers and programmers
"Against a backdrop of negative news in the tech sector over
the past 60 days, I'm pleased to report to all of you today that
demand for Red Hat solutions .... continues to increase," Matthew
Szulik, Red Hat president and chief executive, told analysts
during a conference call."
"The management believes that Red Hat will not be adversely
affected by the slowdown in sales reported by many computer
hardware manufacturers," he said."
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