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Strategies & Market Trends : Pluvia's Fist.com - Pluvia's Plays & Portfolio

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To: Pluvia who wrote (511)12/19/1999 10:30:00 AM
From: RockyBalboa  Read Replies (1) of 1766
 
The LINUX buzz/fad/hype appears to near its end:

K-tel stock jumps on Linux allure
By Dawn Kawamoto
Staff Writer, CNET News.com
December 16, 1999, 8:45 a.m. PT

K-tel investors heard the sound of money this morning, as shares of the online music company soared more than 24 percent in early trading after it announced its support for a Linux-based system.

K-tel, an e-commerce site that sells CDs, home videos and consumer products, is one of the latest to get a pop to its stock after announcing an affiliation with a Linux company.

Shares of K-tel reached 10.25 before edging back a bit in early trading. The company's shares closed at 8.25 yesterday.

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yahoo.cnet.com

Earlier also LTWO capitalized on the buzz a buck or 2.

Laughs!
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