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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: SiouxPal who wrote (11734)	6/9/2003 2:35:31 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 19428

I give u LNUX courtesy of an anon source: Based upon Balmer's publicly stated fears last week that linux will be a problem for MSFT, this little piggy got bid up 57% from the June 5th Balmer comment. Too bad they don't do Linux anymore, LOL: (59 cents of book/share, $19M cash, burned $7 M/qtr market cap $130 M....) "Fremont, California, Dec. 5 (Bloomberg) -- VA Linux Systems Inc., a former maker of software and hardware that use the Linux operating system, changed its name to VA Software Corp. to reflect its exit from Linux businesses. The company now focuses on its SourceForge software that enables companies to use the Web to build programs, the company said in a statement distributed by Business Wire. MSFT press release June 5: " June 5 (Bloomberg) -- Shares of Red Hat Inc., the world's biggest distributor of the free Linux operating system, and VA Software Corp. rose after Microsoft Chief Executive Steve Ballmer said Linux is a ``significant challenge'' to his company. Red Hat rose 78 cents, or 9.9 percent, to $8.70 at 4 p.m. New York time on the Nasdaq Stock Market. VA Software gained 66 cents, or 44 percent, to $2.16. Corporate customers are concerned about their budgets and may see ``non-commercial software such as Linux and OpenOffice as interesting and `good enough,''' Ballmer wrote in an e-mail to employees yesterday obtained by Bloomberg News. Linux is available for free on the Internet and sold along with installation and maintenance services by companies such as Raleigh, North Carolina-based Red Hat and computer makers including International Business Machines Corp. VA Software, a one- time Red Hat rival, no longer sells Linux-related products and services; it makes software that helps clients use the Web to build programs ``People are bidding up any remotely related Linux stock,'' said Brent Williams, an analyst at McDonald Investments Inc. who rates Red Hat shares ``hold'' and said he doesn't own them. Investors may think that ``if it has Microsoft worried, then it must be getting to be really huge,'' he said. Ballmer Memo Ballmer wrote in his memo that Microsoft must cope with customers who have ``less passion and enthusiasm for technology and greater focus on doing more for less.'' Shares of Redmond, Washington-based Microsoft fell 78 cents, or 3.1 percent, to $24.09. Ballmer became the third Microsoft executive in two weeks to address the issue of increasing sentiment that information technology ``no longer matters.'' Like Microsoft Chairman Bill Gates on May 21 and senior vice president Paul Flessner on Monday, Ballmer argued in his memo that software ``will be one of the biggest sources of value creation for customers'' and that ``Microsoft is well-positioned to benefit from it.'' Gates two weeks ago criticized articles in the Harvard Business Review and New York Times that questioned the value of new software and computer innovations and told chief executives gathered at a Microsoft conference that computer technology has become ``a little under-hyped.'' Flessner, who runs Microsoft's server-computer software group, made similar remarks Monday at a Microsoft conference for information-technology workers in Dallas.