ZDNET UK: Will Wall Street's Linux love affair last? | Linux Today

ZDNET UK: Will Wall Street’s Linux love affair last?

Written By
Web Webster
Web Webster
Dec 2, 1999

“Investors went bonkers Tuesday as V-One jumped 279 percent
after it started shipping a product that supports the much-hyped
Linux operating system. V-One’s ascent illustrates how desperately
investors want to be part of a “buzz” on Wall Street regardless of
the peril.”

The formula for Wall Street success in recent weeks is
simple: Latch on to Linux or Red Hat, issue a press release and
watch your stock soar. But analysts said the Linux euphoria has all
the makings of a bubble that’s bound to burst.

“V-One is just the latest beneficiary the Linux craze. It and
Red Hat have both seen a dramatic jump in their stock prices of
late even though analysts following these companies readily admit
their valuations are farcical.”

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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