To: Big Dog who wrote (3694 ) 12/12/1999 12:12:00 PM From: Bipin Prasad Read Replies (2) | Respond to
Most folks had not much reason to buy INPR even at under $5 until Linux promise and msft judgement came along. That's the key here. Rhat won't be of much use without companies like INPR. Why folks buy RHAT now? Again they are buying into Linux' promise even though their FA is worse than INPR. Why folks like us are so bullish on INPR at this point? INPR is The Best and has most potential in tools and server, imho. MSFT can't bully INPR around any more! That's the change we're riding on now. Also we'll see more of "power of individual investors."Consider how the economics of scarcity propelled Durham, North Carolina-based Red Hat's IPO into the stratosphere. When Goldman Sachs took Red Hat public in August, the company reported a loss for the fiscal year ended February 28, 1999, of $130,000 on revenues of $10,790,000, compared with a profit of $8,000 on revenues of $5,156,000 a year earlier.
