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Technology Stocks : VA Linux Systems Inc-(Nasdaq:LNUX)

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To: Nikole Wollerstein who wrote (246)11/21/2000 5:47:32 AM
From: Skeeter Bug  Read Replies (1) of 282
 
nik, i don't put too much credence in lnux predictions.

1. they said they would be profitable in 2001. now they change that and say they will be profitable minus noncash expenses (up to $25 million per q, mind you - someone is getting rich even while the stock has plummeted over 95%!).

2. they didn't predict their current stock status.

3. lnux depends on internet companies for dough. internet is a bad word right now and it will only get worse. venture funding for chump business plans is folding.

4. the article comparing lnux to dell is a joke. i know dell and lnux is no dell. ;-)

this may be a good buy price for a bounce. however, market saturation is occurring in the computer / server business and lnux has not shown the business savvy to compete w/ the big boys in a bad market, imho.
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