Almost every week, it seems, another government is jumping on the Linux bandwagon, badmouthing Microsoft all the
way. But for all the headlines, the open-source software movement remains very much a fringe business, raising troubling questions for investors
who’ve plowed into publicly traded Linux providers in the past year.
way. But for all the headlines, the open-source software movement remains very much a fringe business, raising troubling questions for investors
who’ve plowed into publicly traded Linux providers in the past year.
And plowed they have: As of Tuesday’s close, Red Hat shares were up 110% in the past 12 months, while shares of
Novell, which recently acquired Germany-based SUSE Linux, had soared nearly 150%. Those returns compare quite
favorably with the 33.4% gain by the Nasdaq Composite and 26% rise by the Goldman Sachs Software Index in the past year.
Link: thestreet.com
Category:
- Linux
