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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT)

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To: B Hamilton who wrote (79)6/20/1999 1:51:00 PM
From: Mohan Marette   of 1794
 
Hamilton: Look out for VA Linux to come to market within the year,their sales is estimated to be in the $50 mil range vs Rhat's $11 mil or so but RHAT is not standing still they are more than doubling their revenues annually and with the help of the heavy weights in the industry like Dell the future of RHAT seems secure for the moment but only time will tell.

Message 10188603


RED HAT
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1995 1996(1) 1997 1998 1999
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(IN THOUSANDS, EXCEPT PER SHARE DATA)
STATEMENT OF OPERATIONS DATA:
Revenue............................... $ 482 $ 930 $ 2,603 $ 5,156 $ 10,790
Net income (loss)..................... (128) (155) 33 8 (91)
Net income (loss) available to common
stockholders........................ (128) (155) 33 8 (130)
Earnings (loss) per common share:
Basic............................... $ (0.0107) $ (0.0069) $ 0.0014 $ 0.0003 $ (0.0055)
Diluted............................. (0.0107) (0.0069) 0.0012 0.0002 (0.0055)
Weighted average common shares
outstanding:()
Basic............................... 12,000 22,626 23,500 23,500 23,550
Diluted............................. 12,000 22,626 27,233 34,578 23,550
Pro forma earnings (loss) per common
share:
Basic............................... $ (0.0107) $ (0.0069) $ 0.0014 $ 0.0003 $ (0.0021)
Diluted............................. (0.0107) (0.0069) 0.0012 0.0002 (0.0021)
Pro forma weighted average common
shares outstanding:
Basic............................... 12,000 22,626 23,500 30,842 43,930
Diluted............................. 12,000 22,626 27,233 34,578 43,930

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