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

To: Matthew Wecksell who wrote (133)	7/19/1999 9:41:00 AM
From: Thomas A Watson	Read Replies (1) \| Respond to of 1794

When I read the miles of words at edgar in the redhat release, I seemed Redhat had only a couple of hundred folks. I just don't see the revenue plan. Service needs people. Selling Redhat to generate a buck a share for 66 million shares. You can always buy a copy for a 1.99 and dupe it and sell the CD yourself and it's legal. I could be all wet but that's how I see it. I also do not recall any companies as beneficial owners of more than 5%. I'm extremely long in Applix as a company with 20 million in cash and ten million shares out that sells an excellent office suite the you pay for each copy. Applix has created an applixanyware portal and smartbreak.com which is a great place to find info on Linux. Applix has been a unix company for ages. The other jewel of applix is their builder which make creating custom integrated application for businesses very straightforward. So when you buy a share of Applix that can be had for around 10 you are buying 6.6 times as much of Applix as a share of Rhat. Applix if it takes off would have to split 3 times to have similar numbers of shares as Redhat. But the price of stock in always a function of the perception of value and may have nothing to do with actual value. So in the short term Redhat may be an excellent buy. But I only invest short term for the long term. Tom Watson tosiwmee