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Non-Tech : LINUX STOCKS: FIND THEM NOW, RETIRE EARLY -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (332)	1/11/2000 12:08:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 377

LNUX getting attractive at these levels......VA Linux Welcomes IBM By Ryan Tate January 11, 2000 Get-Rich Tip: Be there before the bandwagon. IBM (IBM) announced Monday a major new push into the Linux server market, appointing its well-regarded former Internet manager to head up a new Linux division that will spearhead the company's e-commerce efforts. With a market cap of $213 billion, IBM is a behemoth compared to the clutch of Linux-focused companies that have gone public in the last six month, such as VA Linux (LNUX), with its $7 billion market cap, or Red Hat (RHAT), which is valued at $10 billion. So why aren't the little guys worried about getting squished? VA Linux CEO Larry Augustin tells Upside Today it's because he's built a company that can do more than simply put Linux on a Pentium box. "We've been around since 1993, [so] we've already established ourselves in this market," he says. "We really sell Linux expertise." Augustin says Linux is unique because it is part of "a wide open market," where key hardware and software standards have already been set and where services will differentiate the players. IBM is no slouch when it comes to such corporate hand-holding, new as it may be in the Linux server market. In the third quarter of last year, the company made $9.2 billion on services, $400 million more than it made on hardware and more than three times as much as it made on software. Still, Augustin says he welcomes IBM into the Linux market, since it fuels interest and trust in Linux. "I see this as continuing to grow a huge market, the opportunity and challenge" to sell Linux systems to corporate America, he says.