Okay, I admit that I wanted to buy RHAT 3 months ago, before they announced the offering. I would have bought the IPO last week, if I could have, hoping that it would jump (for a quick sale).
However, now, would someone please tell my why we shouldn't be shorting this stock? As I understand it, they are basically just packaging a free O/S, with manuals and an easy(ier) installation front end. Where is the barrier to entry in that?
Don't we think that IBM, Computer Associates, Sun, Microsoft, etc. could do the same thing, in about 6 weeks, if they put their minds to it? You can quibble with the time frame and talk about big bureaucracies. But do we really think that if Linux takes off, RHAT is going to get a free pass, forever?
Please help me, what am I missing here?
Thanks, |
