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

To: Pluvia who wrote (1209)	9/24/1999 1:40:00 PM
From: Techplayer	Read Replies (1) \| Respond to of 1794

Check out these comments from Steve Harmon on RHAT "Back on the more established company, Red Hat. Based on its results for the first six months of this year I am backing down my revenue estimates for RHAT to $20 million for 1999. That puts the revenue multiple at 370x this year's estimated revenue. 370x revenue multiple. For a company in the network software OS with about 9% marketshare. I would discount that 9% share and say if on its absolute best day in some future nirvanaland that could represent significant revenue opportunities -- opportunities but not yet realized -- and I still cannot agree a $6.75 billion value is a proper one for Red Hat."