Reuters: Linux excitement boosts Andover.Net stock in debut | Linux Today

Reuters: Linux excitement boosts Andover.Net stock in debut

Written By
Web Webster
Web Webster
Dec 8, 1999

[ Thanks to Mark
Jonsohn
for this link. ]

“Excitement over the Linux operating system, seen as an
alternative to Microsoft Corp.’s Windows NT, contributed to the
sharp gains made by Andover.Net Inc. after its debut
Wednesday.”

“The Internet destination for products, news and online tools
for Linux and Open Source communities raised $72 million after
pricing 4 million shares at $18 a share, above the upwardly revised
expected price range.”

The share price of the Acton, Mass.-based firm rose 189
percent to 52 on the Nasdaq in early afternoon trading.


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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