Found this on another board.....sorry don't have a link. Olga
Dow News on CORL:
Software Developers Try To Keep Linux Flame Alive With Projects
Dow Jones Online News, Thursday, December 16, 1999 at 11:54
NEW YORK -(Dow Jones)- Amid a flurry of investor interest in Linux-related stocks, a spate of software concerns Thursday announced developments to support the free operating system.
And, as with other announcements surrounding Linux products in the past couple of weeks, the shares of the companies involved generally reacted favorably, though less dramatically than has been the case recently.
Corel Corp. (CORL), which has been trumpeting its Linux-related products of late, said it has formed an alliance with Creative Technology Ltd. (CREAF) to advance the development of Linux
applications for high-quality audio and video.
In Thursday morning trading, shares in Canadian firm Corel, after losing some earlier gains, were up 81 cents, or 4%, at $23.50, while shares in Creative (CREAF), based in Singapore, pushed up $1.25, or 7%, to $18.75.
At the same time, Continuus Software Corp. (CNSW) said it will use its Continuus Change Management Suite to support Red Hat Inc.'s (RHAT) Linux 6.1 operating system.
Irvine, Calif.-based Continuus saw its shares rise 81 cents, or 7%, to $12.50 in morning trading.
Under the Creative/Corel agreement Creative's Personal Digital Entertainment and Sound Blaster Live! products will be available to users of the Linux system via Corel's upcoming Linux-based
suite of applications.
The companies will develop Linux applications for online video and audio products.
Sound Blaster Live! drivers for Linux are already available and will, under the agreement, be customized for Corel's distribution.
And Creative's PDE Internet Solutions, which includes the NOMAD line of portable audio devices and the WebCam Go line of portable PC cameras, will be developed to support Linux.
Meanwhile, Continuus said it will offer client and server support for Red Hat's version of the operating system begining in the first quarter of 2000. Financial terms weren't released.
Linux has made some inroads into the market for Internet servers, where it competes with Microsoft Corp.'s (MSFT) Windows NT and Unix-based products from Sun Microsystems Inc.
(SUNW), Compaq Computer Corp.'s (CPQ) Digital Equipment unit and others. That has helped to generate the interest in Linux stocks.
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