SmartMoney.com: Hey, Forget Financial News! SmartMoney.com's a Linux Company, Too | Linux Today

SmartMoney.com: Hey, Forget Financial News! SmartMoney.com’s a Linux Company, Too

Written By
Web Webster
Web Webster
Dec 18, 1999

LINUX. LINUX. LINUX. Linux. Chant the word enough times –
or at least release enough press releases with the word in it – and
watch your stock price rise.

“It’s magic. Company after company has associated itself,
somehow or other, with the popular open-source operating system
begun by Finnish programmer Linus Torvalds, a practice that is
often followed by a big – if short-lived – upward stock move for
the announcing company.”

“Many companies have felt especially compelled to disclose their
Linux news since the raucous debut of VA Linux (LNUX). In the eight
days following that Linux-services firm’s Dec. 9 IPO, about 400
press releases with mentions of Linux found their way onto the
public relations newswires that feed into Dow Jones News Retrieval.
No wonder one publicist we interviewed referred to the process as
“Linux spamming.”


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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