July 2, 2005

Market of 2 minds on Red Hat stock

Demand has strengthened for its computer software. Profit is up and sales are increasing.

It is winning against rivals.

But just how well the Raleigh company is doing remains a matter of contention. Some see smooth sailing for Red Hat, saying it is back on track after spooking investors last year with management and accounting changes.

Others aren't quite as sure. They say Red Hat has yet to prove that its business is solid and must take more steps to eliminate unpredictability in its operations.

Link: Raleigh NewsObserver.com

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