“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.”