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CyberNet Plans an IPO & Motley Fool on LinuxOne
The continued reign of Linux on Wall Street has found another sequel with CyberNet planning an IPO. CyberNet is, according to the press release, "a developer of Linux server software". And in an aside, The Motley Fool has an article on the LinuxOne IPO entitled LinuxOne: The Beauty of a Bad Example - Lesson: Caveat Emptor. Very amusing.
Thanks,
Ken
kmunie@cybernet.com
www.cybernet.com
-f
http://www.peruano.org
-f
www.blackant.net
The Fool mentions this as being the best April Fools joke of the year but if LinuxOne can actually pull of a cashing-in of the hype and hold their value for 6 months (unlikely but possible) and then cash out, we all become the April Fool. Its sad and disgusting and I only hope they dont damage the credibility of honest companies trying to help the community when their fit hits the shan.
God Fucking Damnit
I'm just a stone's throw from Cybernet in Ann Arbor. I will say that from what I know of them, they are pretty cool regarding the Linux community. They were at a local Linux install fest at a local systems integrator a couple of months ago, and showed off their NetMax stuff to a bumper-crop crowd, and raffled off boxed sets of their File Server, Web Server, and Firewall software. I've considered picking up their Firewall set, because I just can't seem to find the time to figure out how to configure one of my SuSE installs for a firewall for cable modem use for my home office situation. The Netmax stuff promises to make that situation much easier, by letting me take an old 486 I have sitting around, and loading their distribution on to it, and then being able to administrate through a web interface. Sounds kind of nice. Check them out at a CompUSA near you (they are probably on the shelves in other stores by now, as well).
"Application-specific servers...are going to be really an explosive market opportunity in the next two years, and Linux is probably going to be the operating system of choice on them," Ferlazzo said. "It sounds like (CyberNet is) right in the sweet spot."
If nothing else, the fact that CyberNet is saturating the financial community with press releases to pump their IPO, with comments like this our exposure is growing by the day!
More race stuff in one place,
than any one place on the net.
I've been waiting for weeks now for a critical article on the LinuxOne IPO from a mainstream non-Linux friendly source and this is it.
:)
After reading articles like this one which actually may convince some silly investors that LinuxOne is a Linux underdog that may take off. Or even worse articles from other mainstream press that merely state that Open Source "enthusiasts" dislike LinuxOne for not being true to Open Source (they usually link to this), it is good to see a reputable mainstream site do a quality job of describing LinuxOne to the average clueless investor (when I say clueless i mean with regards to Linux).
In a climate where Salon's stock rises 90% simply because they are going to provide content on RedHat's website, LinuxOne has potential to rise above and beyond their IPO price , fleecing unknowledgeable investors along the way. What's extremely interesting is that the CEO of LinuxOne hold shares of LinuxOne through a charity and thus may be able to cash out if given prior written consent by their underwriter(From ZDNet).
All in all kudos to Motley Fool for showing the average investor exactly what kind of company LinuxOne is. I especially like the blurb at the end...
I can't repeat this enough: DO YOUR OWN HOMEWORK. It's a vicious market out there, buyer beware. Don't blindly trust a company's press releases, they're advertising. Don't trust what analysts say about it. Even the Fool has been small-f fooled before, right here in this portfolio. Our original paper money "Simpleton" portfolio included Oxford Health Plans (Nasdaq: OXHP), which one day lost 75% of its value due to "accounting irregularities." I know the stock market's booming like mad but DON'T go on margin, DON'T gamble away money you can't afford to lose, and DON'T put all your eggs in one basket. We don't always repeat that often enough here, so you'd better get in the habit of repeating it to yourself.
If only all individual investors followed this advice maybe the stock market wouldn't be the crazy place it is today.
Linux One's web site is at LinuxOne
Check out AbiWord.
Linuxone.com doesn't have a web page on it, but linuxone.net does. So the statement, "at the time of this writing it only has a logo that sends email to the company if you click on it" is pretty much completely wrong.
Your link (http://www.fool.com/portfolios/rulemaker/2000/rul emaker000106.htm?ref=yhoolnk) give referrer credit to yahoo (ref=yhoolnk) - you'd think Slashdot would either want to strip that, or get credit themselves...? :) Just a thought.
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Xenu loves you!
Check out Perle system the day VALinux went public. Just in case you wanted to know there handle is PERL, has been for a long time and they don't really have anything to do with Linux or the .. Linux...I'l buy !
Perl language. Check it out... went from something like 4 to 55 because a bunch of idiots saw PERL and thought cool
That's right motherfuckers...I'm telling you that good ol Frank smells somthing rotten in Denmark. I think that a lot of those little pissant daytraders will still run this puppy up. I know I know... it's makes no friggin sense, but hey... look at the market today.. no friggin sense. Look at Yahoo.. trading at 400+.. for what...NOTHING. Those rat jap bastards don't produce a fucking thing. And they are trading in the damn stratosphere.
Oh yeah... you can put a big friggin red X on your calander today cause the Frank-meister is telling you that he smells something rotten in denmark boys and girls. Your damn skippy on that one.
A genius writes code an idiot can understand, while an idiot writes code the compiler can't understand.
I checked the meta tags on the real LinuxOne web page and noticed they have the more popular distributions listed in there (Red Hat, Caldera, SuSE, etc.) I checked RedHat and Caldera's web pages and they don't seem to have meta tags naming other distributions on their web pages. Just kinda interesting to me.
Mr. McGuire : I just want to say one word to you...just one word. ...Linux.
Benjamin Braddock : Yes, sir.
Mr. McGuire : Are you listening?
Benjamin Braddock : Yes, sir I am.
Mr. McGuire :
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Warning: Slashdot may contain traces of nuts.
Although I sent the Fool an e-mail informing them that they visited the wrong LinuxOne web site, I'm glad to see that the financial press is giving fair and insightful coverage into Linux. Apparently they also read Slashdot, as some of the details of the Power Source scam (i.e. waking the guy up if you call early) were very close to the Slashdot comments about that subject.
Sigh. Stupid LinuxOne, don't ruin it for the rest of us.
For more information, click here.
It's not entirely true that PERL has nothing to do with Linux. See this article for a recent example of how they're integrating their systems with Linux. However, they're not putting all their eggs in one basket; according to some of the other news they've generated in the past few months, they also appear to be actively supporting Windows 2000.
Besides, Perl isn't a common buzzword like Linux is. I'm just as cynical of modern-day "investors" as the next guy, but I don't think too many would see it as closely tied to Linux.
For more information, click here.
I sent a friendly note to abuse@hotmail.com mentioning that ps84@hotmail.com was using his email address for business, and pointed them at the Power Source web page where it's listed.
For those that don't know, using a Hotmail address for business is a violation of the Hotmail Terms of Service.
I got a note back from abuse@hotmail.com yesterday. They've cancelled the account. So, at this point, Power Source doesn't even have an email address.
Forward, retransmit, or republish anything I say here. Just don't misquote me.
We really need to spread the word about LinuxOne. I do not want to see this guy get rich because of us.
Figures...I look for a job in the Ann Arbor area for 3 months and never saw this ad. I just landed a job last week and this pops up. I may as well apply anyway...
I've been looking at LinuxOne for as long as anyone who reads /. and I've never been able to figure out the angle. These guys are going to tank. But what if the company is a shill intended to make Linux companies look bad, and by extension, help Linux fail?
The idea goes something like this: LinuxOne gets as much PR as it can. Does an IPO, which shoots up to rediculously high values. But the company decalares bankruptcy when it cannot generate sales, and the Linux sector as a whole is discredited.
While I am not, as a rule, a perveyor of conspiracy theories, the above scenario seems more plausible to me than the idea that the founder of LinuxOne is so stupid to believe he is going to make money off this non-strategy.
LinuxOne appears to fall into the same category as the side-show both operators at the local fair, selling tickets to let you see the two-headed horse and the lizard man. P.T. Barnum had it right when he said, "There's a sucker born every minute."
dragonhawk@iname.microsoft.com
I do not like Microsoft. Remove them from my email address.
Why doesn't Linus just disallow LinuxOne from using his mark?
Peace and love, y'all
Sorry about the incorrect subject.
Peace and love, y'all