ComputerWorld: VA Linux IPO Leads to Craze | Linux Today

ComputerWorld: VA Linux IPO Leads to Craze

Written By
Web Webster
Web Webster
Dec 21, 1999

“VA Linux Systems Inc.’s stock debut followed the spiky pattern
of other Linux offerings, though even the downward spikes indicate
that there’s considerable investor interest in Linux.”

“The company’s stock gained 700% in its first day of trading.
But its ride – like other Linux initial public offerings (IPO) –
came back to reality days later.”

The wild run was partly due to the hype surrounding Linux
and the relatively small number of shares available to trade
,
according to Irv DeGraw, senior research director at
WorldFinanceNet.com….”

Complete
Story

Web Webster

Web Webster

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.

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