Financial Post (Canada): Morning after Linux's night before | Linux Today

Financial Post (Canada): Morning after Linux’s night before

Written By
Web Webster
Web Webster
Dec 25, 1999

Linux mania has turned into depression as shareholders
watch their expensive purchases unwind.

“People rushed to own these stocks” after the flurry of press
releases companies put out linking themselves to the red-hot
operating system, said Philip Strathy, vice-president of
investments at Strathy Investment Management. “Then you take a look
at what you’ve got and decide to sell.”

“Shareholders of five leading Canandian and U.S. Linux plays
trading in the U.S. have seen a combined $12-billion (US) in market
cap disappear in the past two weeks.”

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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