“Eclipses Theglobe as top IPO opener of all time”
“The white-hot Silicon Valley firm (LNUX…) closed at 239 1/4,
an eightfold gain over its offering price of $30 per share, on
volume of 7.8 million shares.”
” ‘I think the word ‘monster’ comes to mind,’ said Mark Specker,
analyst with SoundView. ‘Wall Street believes the market for
single-purpose applications based on Linux is very large.’ He
predicted other Linux players will speed up plans to go
public.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
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