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Newsforge: LinuxOne keeping a low profile while talking merger

Jan 21, 2001, 00:11 (5 Talkback[s])
(Other stories by Grant Gross)

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"Since then, it's almost as if LinuxOne has sailed into the Bermuda Triangle. Former LinuxOne partner MandrakeSoft, contacted this week, sent this from its PR department: 'We have never worked together on any project since they appeared to be a ghost-company and ghost-everything. I've been told they have released a product based on Mandrake one year ago. Anyway we have not been in contact with them for more than one year.'

"Amid repeated criticism of its business plan, LinuxOne's IPO never happened. A press relations officer with the U.S. Securities and Exchange Commission says she couldn't comment on an individual company's IPO, but a search at the EDGAR-online IPO database comes up with nothing after Dec. 23, 1999, when LinuxOne named Capital West Securities as lead underwriter and estimated that the initial public offering price per share would be $8.25."

"So I go looking for evidence that the company still exists. I first go to LinuxOne.com, and see a page with only a link to an email address on it. So I write Tuesday afternoon, asking what's happened to the company. I keep the wording neutral -- I'm truly curious and not planning to write another 'let's run LinuxOne out of town on a rail' article."

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