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CNET News: Linux Seller Trims IPO Price--Again

Aug 13, 2004, 01:45 (1 Talkback[s])
(Other stories by David Becker)

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"Linux seller Lindows has trimmed its planned stock price for the second time in two weeks, meaning that the company's market debut could generate less than half the payout originally anticipated.

"In an amended registration statement filed Thursday with the U.S. Securities and Exchange Commission, Lindows--which will soon change its name to Linspire as a result of a legal settlement with Microsoft--said it expects shares to sell for $5 to $7 each..."

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