VA Linux Systems Inc-(Nasdaq:LNUX) Message Board

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

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To: Skeeter Bug who wrote (256)	2/22/2001 9:13:20 AM
From: smallcapmaven	Read Replies (2) of 282

LNUX is dead IMO...Quarterly revenue climbed to $42.5 million but was down 24 percent sequentially...VA Linux had a net loss of $74.1 million, or $1.57 per share, for the three months ended Jan. 27... On the conference call, management said there is no visibility on earnings and remains cautious in the near-term. The company also pushed back profitability goals about nine months later than previously anticipated...There may never be a profit on a free operating system... LNUX said it will take a restructuring charge in its fiscal third quarter due to the overall slowdown in the economy (more losses), which has hurt demand for its products and services... NO GROWTH NO PROFIT NO FUTURE...

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