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SmartMoney.com: A (Red) Hatful of Rain

Jun 08, 2002, 01:00 (16 Talkback[s])


Desktop-as-a-Service Designed for Any Cloud ? Nutanix Frame

[ Thanks to Brent Marinaccio for this link. ]

"Four small Linux distributors announced a plan to band together against industry leader Red Hat (RHAT). SuSE, Turbolinux, Conectiva and Caldera International (CALD) will collaborate to create a common operating-system core called UnitedLinux.

"You can smell the desperation. Caldera, the only public company among the four, saw its stock drop 2% on the news. Two years ago, Caldera shares hit a high of $109.50. Now, they're 95 cents. Meanwhile, Red Hat stock rose 8% to $4.72. The announcement seemed merely to underline Red Hat's dominance.

"Red Hat shareholders, however, might ask what good dominance has brought them at a company that has failed to earn itself a dime. A penny, even..."

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