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Red Hat Gets Aggressive
Published by: rose 2008-12-01

Who says open source can't be profitable?

Shares of Red Hat soared 22% Friday after the Linux leader reported a big jump in profitability and made an aggressive move into storage.

Bank of America upgraded Red Hat to Buy on the news. Subscription bookings and guidance were well above views, the analyst firm said, and Red Hat is expected to continue to benefit from increasing adoption of Linux in large enterprises. Bank of America set a $19 price target on the stock, based on expected earnings of 24 cents a share and a 35% five-year projected growth rate.

::: Planète Béranger :::::
Red Hat Global Desktop Linux will not be available until and aggressive over this? for 15 mintues and sweat out all that crap that gets put in.
http://beranger.org/index.php?page=diary&2007/08/03/05/58/-global-desktop-linux-the
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The market was mixed Friday, as gains were restrained by terrorism concerns. Options and futures expiry also contributed to volatility.

The Nasdaq lost 5 to 1951, the S&P 500 slipped half a point to 1088, and the Dow rose 30 to 10,278. Volume rose to 1.59 billion shares on the NYSE, and 1.89 billion on the Nasdaq. Advancers led 16-15 on the NYSE, but decliners led by that margin on the Nasdaq. Upside volume was 52% on the NYSE, and 46% on the Nasdaq. New highs-new lows were 369-9 on the NYSE, and 171-11 on the Nasdaq.

Finance News for IT Managers::
Red Hat Gets Aggressive. By Paul Shread. December 19, 2003 Shares of Red Hat soared 22% Friday after the Linux leader reported a big jump
http://www.internetnews.com/fina-news/print.php/3291711
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Matsuzaka wont be cash cow Red Sox need - EagleTribune.com, North ::
Two minutes later, a big limo pulls up and Billy Joel gets out. It was too funny. Kennedy reported that he saw one Red Sox hat to every 10 Yankees caps.
http://www.eagletribune.com/pusports/local_story_017120436?page=0
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RealNetworks slipped after filing an antitrust suit against Microsoft.

Tektronix surged 12% after beating estimates, while Paychex, Solectron and Manugistics fell on in-line results.

Fan pulse: Good riddance, Roger - Extra Bases::
I DO NOT want Roger Clemens going into the Hall of Fame wearing a Red Sox hat. Roger has always been about Roger and this way he gets to be the hero.
http://www.boston.com/sports/baseball/redsox/extras/extra_07/05/fan_pulse_good.html
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CTDATA: os Archives::
Making Switch from Red Hat 7.2 to Fedora Core 1 suggests that this is what Microsoft gets for charging so much for its operating
http://www.ctdata.com/os/
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ValueClick and Silicon Storage surged after raising guidance.

Research In Motion fell 2% ahead of earnings Monday night.

Market Commentary: For our free daily market commentary and technical analysis, please visit the InternetStockReport.com home page at:

http://www.InternetStockReport.com.




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