Linux the tree of Money
Paradox3 (paradox3@maine.rr.com)
Tue, 14 Dec 1999 15:11:04 -0500
What do you guys think about how Linux is being used in the U.S. stock
markets (mostly) as an instant money maker? For example: Redhat
(Nasdaq:RHAT) shot up into the $100s USD on its first day, and is currently
at $223 USD. VA Linux Systems (Nasdaq:LNUX) recently began trading and on
its first day shot up to around $300 USD, and is currently at $180.25 USD.
It seems that dozens of other companies are doing similar (although not as
spectacular) rises by simply mentioning that they "deal with Linux." These
are mostly companies that are losing massive amounts of money and wouldn't
normally be worth more than a few dollars a share. Personally, I believe
that this is due to confused investors who believe that Linux is some
magical product that will one day rule the world and make every company that
deals with it rich. What do you think?
Regards, Dave (paradox3@maine.rr.com)
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