“The stock prices of three pure-play Linux companies have
received big boosts in August, after solid earnings news and
bullish reports on the open-source industry.“
“Shares of VA Linux, the largest Linux company by revenue and
market capitalization, are up 39 percent since the end of July.
Although shares of VA Linux are well below their 52-week high of
$320, the stock has jumped nearly 19 percent today. It was at $44
in midafternoon trading, $6.88 more than yesterday’s closing
price.”
“The Sunnyvale, Calif.-based company surpassed analyst
expectations yesterday by reporting revenue of $50.7 million and a
loss of 10 cents a share, a nickel better than analysts
predicted.”