SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lucretius who wrote (276129)2/3/2004 11:02:01 AM
From: mishedlo  Read Replies (1) of 436258
 
Buy RHAT - stuff like that almost always goes up after reports like this:

"Red Hat," writes Mr. Stansberry in The Blast, a daily e-mail for subscribers to his Pirate Investor group of investment advisories, "a company that packages the free Linux computer operating system and sells it to corporate users, is now valued by the stock market for $3.6 billion. That's almost 30 times its sales estimate for 2004. Not 30 times future earnings...30 times future sales.

- "That's about the richest valuation I've ever seen for a company with over $1 billion in market capitalization," Porter continues. "It must be a super-profitable company, right? Wrong. Over the last three years the company lost $232 million...before giving away $181 million in stock options. How ridiculous is Red Hat's share price? Barron's recently pointed out that Red Hat is trading for a larger value than the entire likely future revenues of its industry.

- "By 2007, software analysts estimate the total size of the paid-Linux market will reach $600 million...that's about 1/6th of Red Hat's current market capitalization. How much would a knowledgeable investor pay for a company like Red Hat?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext