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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT) -- Ignore unavailable to you. Want to Upgrade?

To: Arktic who wrote (59)	6/18/1999 10:11:00 PM
From: Melismatics	Respond to of 1794

Not since Netscape's IPO have I heard of such investment frenzy among hardcore techies as is in evidence in this Red Hat thread (for "open source" now, "internet" then) . . . and I confess to finding it quite infectious myself; but given that, how is it, then, that IPO Edge (at quote.com -- which I've found referenced in other threads (e.g., Green Mountain, #10)herein -- gives Red Hat's IPO a MINUS 4 rating (one point shy of its worst possible assessment?!) In my response on the Green Mountain thread on this same theme, the recent Motley Fools thrashing of Barrons' "Amazon.Bomb" came to mind: are the IPO Edge folks contrarian indicators (in which case their HIGH ratings should give us pause -- as for GMTN and ENGA)? Is it (as I suspect) not so black and white? Linux tech talk aside, what do INVESTOR types out there feel about such things? How interpret such diverging tea-leaf readings?

To: Arktic who wrote (59)	6/19/1999 5:07:00 PM
From: Thomas A Watson	Respond to of 1794

Well, I'll definitely study the Redhat IPO. I'll try to get some. But if this stock takes off like an internet stock and gets super expensive, I may not buy any. But Redhat should be a great viable company. The question is will I be able to purchase the stock at a rational price with a P/E of reasonable expectations of revenue. I'm long in aplx. This is a company that is IMHO poised to grow with continued penetration of Linux into more and more areas. Tom Watson tosewmee