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Technology Stocks : RedHat Linux distributor -- IPO

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To: Trader J who wrote (5)7/3/1999 12:58:00 PM
From: HiSpeed  Read Replies (3) of 51
 
If I get redhat from Etrade..... I may actually hold this one (unless it opens 1000%). For a net co to only lose 130k on 11 mil rev is very impressive imo. Also the total mkt for Linux is only 34 mil vs 5.9 bil for Windows (US News 6-21-99 p45). So we can either look at that as awesome room for growth or as a mouse vs an elephant.

Initially, I'd expect tons-o-hype around this IPO and a very strong open. (OTOH, I'd prefer it to only gap a point or 2 at the open so I can load the boat for a quick return.)

Whether this puppy prices at 15, 20, 25 or better, I'm expecting a JNPR/ASKJ style open - jmho.

What are the sympathy plays to redhat?
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