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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: KevinMark who wrote (116106)	11/6/2000 3:04:42 PM
From: ColtonGang	Respond to of 120523

LNUX....The CEO at LNUX, Larry Augustine, said that repeat business is strong with existing customers while sales to new customers in the dot.com sector were below expectations. LNUX is pursuing a strategy to attract new customers, especially large corporate and enterprise accounts as opposed to the smaller dot.com customers. Since this type of strategy will take a significant amount of time, no impact on first quarter results should be expected, says Augustine. Walter Winnitzki, analyst at Chase H&Q has a lot of faith in the stock. It just will take a couple of quarters to recover. Not a stock for those looking for a quick recovery adds Winnitzki. Chief competitors of LNUX are Microsoft and Red Hat. LNUX is expected to break even by the end of 2001 concludes Mullany.