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

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To: Thomas A Watson who wrote (111)	7/17/1999 12:55:00 PM
From: Matthew Wecksell	Read Replies (4) of 1794

Wow, I used to buy my redhat on Bob Youngs kitchen table. Now he's got 9 mil + shares. Well this is an article on another Linux play at briefing.com. I took a look at etrade to try to get into this IPO and it looks like a new account from a user whose job doesn't let him monitor their IPO center all day has no luck getting in. It's a shame IPOs don't go out with a dutch auction. I'll bet the IPO is $12, the opening tic is $20, and by the time the institutional investors finish and little guys like me can buy in at 2pm, it'll be at $30, with a big risk if I buy in and an easy profit for insiders. sigh. So, Tom, if you knew Mr. Young way back when, are you on any of the friend lists? Will at least one of the SI RHAT folks be getting instant profits from this little puppy? ---matt, will laugh if opeing day volume is greater than 6,000,000 because there will only be that many shares outstanding on that day.

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