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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (18041)	12/23/1999 10:02:00 PM
From: scouser	Read Replies (1) of 29382

Back to CORL, linux schminux? 'Crazy, absolutely crazy': Five firms watch $12B in market cap disappear By THOMAS HIRSCHMANN The Financial Post Linux mania has turned into depression as shareholders watch their expensive purchases unwind. "People rushed to own these stocks" after the flurry of press releases companies put out linking themselves to the red-hot operating system, said Philip Strathy, vice-president of investments at Strathy Investment Management. "Then you take a look at what you've got and decide to sell." Shareholders of five leading Canandian and U.S. Linux plays trading in the U.S. have seen a combined $12-billion (US) in market cap disappear in the past two weeks. " full story secure.canoe.ca

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