[EMAIL PROTECTED] said:
> I know this is off topic but has anyone noticed the large decline in
> Redhat stock price lately and the news today that IBM has sold off 14
> + million worth of shares recently. I hope this not a sign of things
> to come. I always thought or my impression was that IBM was big into
> linux particularly Redhat. But to see them sell this much makes one
> think that maybe they are not as impressed with Redhat as once
> believed..... What's with the decline. So they had another loosing 3
> months. It was better than it was expected to be. I hope that it is
> not lack of enthusiasm for those looking for something different than
> windoze.
The IBM stock selloff is a completely unrelated issue. Pretty much any
business will make decisions regarding their corporate investments based
only on the market. As far as IBM's Linux support; if they stop doing
Linux work, _then_ I'd worry.
At this time I suspect that the fluctuations & drops in stock prices for
all Linux related stocks reflects a loss of many of the idealists from
stock ownership, and a shift towards a normal market environment. All
the Linux related stocks have been overpriced; I suspect a more
realistic
valuation of Red Hat stock is in the $30-$35 range. If they keep a
sound business model & cash flow stays fairly good expect a longer term
rise.
best
rickf
--
Rick Forrister <[EMAIL PROTECTED]>
"To get something done a committee should consist of no more than
three people, two of whom are absent." Robert Copeland
--
To unsubscribe: mail [EMAIL PROTECTED] with "unsubscribe"
as the Subject.
