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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT)
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To: GVTucker who wrote (1488)9/15/2000 2:32:24 PM
From: Bob Kim  Read Replies (1) of 1794
 
Think of ADBE

ADBE sells very expensive proprietary software. Postscript, Photoshop, Illustrator, etc. cost big bucks. Acrobat Reader is free. I don't think the two are comparable.

ML calls RHAT "THE Linux pure-play", but of course they don't back up their comments with action. ML could have upgraded RHAT, but didn't. They did reiterate their $31 price target, but later pulled it from a later report. I guess because it was too high for the rating on the stock.
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