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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: Ron who wrote (119100)	12/14/2000 4:46:15 PM
From: Dave Gore	Respond to of 120523

Yes, RHAT might do just that. Wish I had bought more around $6 when I recommended it here a week or so ago. Noticed this from the PR. They are certainly almost to profitability. If they do that in the next quarter or two, that would really give the stock a boost. I am not sure what I think about it at these levels. I guess there could be 2-4 points of upside near term, but this market is so funky, it could go lower before it rebuilds too. Customer Wins - Won a $1 million contract to port development tools to the Samsung Calm RISC line of low-power processors. - Square D Company chose Red Hat to design next generation, Internet-based power management solutions built on Red Hat Embedded Linux. - Delphi Automotive is working with Red Hat to deploy Red Hat operating system technologies in Delphi automotive applications. - Altera is working with Red Hat to deploy GNUPro tools and Red Hat software technologies for Altera's Nios, PPC, MIPS, and ARM platforms. - EMC is expanding its product line to support Red Hat Linux. - IBM continues to grow its relationship with Red Hat, through back end support for IBM Personal Systems Group and porting Red Hat Linux to the re-branded line of eServer platforms. - NEC and Red Hat are working to provide Red Hat software technologies to strategic customers.