Enlighten Software Surges After It Unveils Linux-Linked Product
San Mateo, California, Nov. 26 (Bloomberg) -- Enlighten
Software Solutions Inc., a maker of software to manage networks
of computers on various operating systems, almost tripled after
it began selling a Linux-compatible product last week.
Enlighten shares rose 8 3/16 to 12 3/4 as 6.1 million shares
changed hands in a half-day session, about 45 times the three-
month average. The stock was at 3 1/8 on Nov. 15, a day before
the company unveiled the system-management program for Linux, the
operating system that competes with Microsoft Corp.'s Windows.
Enlighten's software creates a graphical tool bar that
allows a user to manage computers on a network, even if they're
running on different operating systems. Investors have embraced
companies associated with Linux, particularly after a judge
declared Microsoft a monopoly earlier this month, raising
optimism its rivals could benefit if the company is broken up.
''There wasn't a very good system management program for
Linux before this,'' said Bill Bradley, chief financial officer
of San Mateo, California-based Enlighten.
Among the other Linux companies that have attracted interest
is Red Hat Inc., which makes a commercial version of the
operating system for powerful corporate computers. Its shares
surged 26 percent today and have risen more than 15-fold since
the company sold shares to the public in August.
Linux was developed in 1991 by Linus Torvalds, then a
student at the University of Helsinki. The program was created as
''open source'' software, which means that anyone can download
Linux from the Internet and tailor it to their needs.
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