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Caldera Systems Files For IPO
Well we figured it was either Caldera or LinuxCare, but I've seen the Press Release: The latest Linux Company to file for an initial public offering is Caldera Systems. (btw they need to win an award for 'Linux company CEO with name most likely to be confused with an action hero' for Ransom Love) No word on when or shares or anything, but I'm sure all will trickle out in due time. The rumors are raging that Linuxcare is due to file their S1 before the end of the week.
Cool! Maybe they can do battle against the evil MCP figures we saw yesterday on /.
Please, stop announcing news about all IPOs. Or you're all trying to be good guys supporting it? BTW, the next IPO will be... BeOpen. They're like Andover.Net selling some sites...
it's just too boring listening to anonymous cowards bash something they don't know how to do.
I just ran the IPO_sanity_checker to find out
...checking financial status... (OK)
...checking SEC filing... (OK)
...checking News rags... (OK)
:)
whether Caldera qualifies for an IPO.
Here goes the output:
C:\> IPO_sanity_checker --verbose "Caldera Systems"
IPO_sanity_checker V.1.03 ©1999,y2k fool.com
Summary:
Caldera Systems posted a net loss of $9.4 million in the year ended Oct. 31,
compared with a net loss of $8 million in the same period one year earlier.
Revenue rose to $3.1 million from $1.1 million. (source)
Recommendation: strong buy!
C:\>
PS: I loved those Penguin Caffeinated Peppermints very much,
which they distributed at LinuxWorld.
So if there still were any doubts, count me in
Believe what you want. Caldera Systems IS Caldera, Inc. Why don't you actually, maybe look at the web page before you post, then you wouldn't make foolish comments like that.
There is so much misinfomation in this post, it's just typical of the linux longhairs....they pay less attention to "getting it right" than Microsoft.
Caldera is the future of linux
Caldera will be one of only two or three distros that is around this time next year. And if Linux ever does make it into the business world (which it HAS NOT done yet) it will be with the Caldera OpenLinux name. Fact not fiction. Caldera is the only linux distributor that is focusing on integrating Linux w/existing technologies in the corporate area. Everyone else is just foaming at the mouth with this install Linux everywhere crap, sounding an awful lot like Microsoft with their install NT everywhere mantra.
Caldera is the future of Linux
How would a 16 year old get in on this? I'd like to put about $50-$100 in it.
Then take another $50 to $100 and buy a couple of Linux distros. Repartition your hard disk and install them.
Then start fixing any bugs you see and add any new cool features that you need. Remember to document your work, make it elegant, portable, and fast, and answer dozens of e-mails about it from all over the world for years.
Then when the next Linux company goes public, you might get The Letter.
Sounds like a bit of a pig in a poke? You bet! But consider this: (1) it's the only way you're going to get in with $5K and (2) it's exactly what all of us who do get The Letter have been doing for two years, five years, ten years, or more, all the while no idea that any open source company would ever IPO, ever.
We did it for love. Want to join us?
This is more funny than it's a troll.
Money corrupts.
The moderating here is almost as bad as the refereeing in the World Club Championships in Brazil. How can a complaint about not being able to buy shares at a decent price be offtopic? Are you a fucking moron?
1) They will say your too young. 2) They want big money cos they are greedy. 3) They'll tell you that you have no experience in stocks. 4) They'll tell you it members night only. Anything to let a few grab the spoils earnt for them by the forgotten many.
Malda is too busy doing dope and drinking champagne too do anything as constructive as that. why post informative stories when you've already been bought.
it's the architecture of slashdot that sucks. malda needs to revamp, preferrably using java servlets. scrap this http/htmp/perl crap.
thank you.
shut the fuck up foogle, before you get hurt.
honestly ? i dont even think the moderators are reading the comments before they moderate.
:)
thats why im posting this anonymously
since im anon, i guess i should mention hot grits and a stoned natalie portman ?(har har - stoned)
oh yeah, 1st post!
If you are such a genius then register a domain name, get a server, write some code, and draw the traffic. You may find that there are a million little details which conspire to make things just a tad harder than you naively assume.
Theres an entire army of us Foogle. And we are here and watching your every move on slashdot. We do not like you and there are many of us. You're arrogance and know it all attitude has given you the rank of most hated person on slashdot. But fear not, we will bide our time before we strike against you. But when we do, you will bow down before us, the legions of ACs that patrol slashdot for the winning combination of arrogance and ignorance that seems to thrive on slashdot. All who are arrogant and ignorant seem to flock here and spill their mind numbing fud and misinformation. You are included in this Foogle. Be afraid, be very afraid! BTW, just kidding. I'm just bored and felt like ranting. I've got nothign against you Foogle it just seemed like a good time to have a little fun for two minutes. There seems to be a legion of people against you though, I wonder why. Maybe you pissed off someone in a gnome/kde flamewar.
Ransom Love -- a new "Bond Girl" or a cheesy porn star?
Hey, it's that halo effect. If most geeks didn't know, will these rabid traders?
in the summer we made meat helmets...
If you think the format needs revision, then why dont you revamp it -- by starting your own site.
why should I? Malda should listen to people who know more than he does. Plus, Malda said he was going to do NNTP. He lied. He is lazy and drunk with greed. Once Andover bought him he became useless.
Why is this offtopic? - Now my comment, on the other hand ...
I wonder if Signal 11 will do that shut the fuck up thing.
heh, java servlets eh? lol. you think slashdot slows down some now...
BTW, just kidding. I'm just bored and felt like ranting. I've got nothign against you Foogle it just seemed like a good time to have a little fun for two minutes. There seems to be a legion of people against you though, I wonder why. Maybe you pissed off someone in a gnome/kde flamewar.
I hope they issue developer shares so I can get some more free money.
damn man, you made me piss in my pants !!
- Is known for having one of the buggiest and most expensive Linux distributions available, odd in an industry where technical superiority is valued above marketing hype.
- Stole Debian's purely grass-roots open-source volunteer-maintained distribution en masse, slapped their name on it, and distributed it illegally under a more restrictive license--a litigation-focused attitude that doesn't fly well in the open source community, not to mention the disrespect of the essential authorship tenent of open source, and the action's criminality! Worse yet, not sending a peep in Debian's direction in contrast to the strong vendor relationships open source groups like to have with companies that borrow/improve their code.
- Can anyone tell me where to find the source code for the Netwinder's kernel and boot loader? GPL, baby. _Where is it?_ I've never seen it, or even seen anyone who says he's seen it. Oh, that's right, they spun off the Netwinder branch. Which brings me to my next point.
- Sells, buys, divides, merges, multiplies like a petri dish full of sand and mercury--what have we got now, Caldera Inc, Caldera Systems, and Lineo, three different subtly related but legally ``officially'' separate companies, likely as not all operating out of separate corners of the same building? Have they got any more names up their sleeve? ``This 6-by-6-foot cube in the northeast corner of our flex space is called NeoOpenDyne Systems, Inc., LLC LTD. We IPO'ed that cube separately and made even more cash! heh, heh, heh.'' I bet they've got a few more companies under their little umbrella. Oh, right, I forgot, they're _completely independent._ duh. This is very un-opensource-ish, where we resist forking projects and tend to respect organizations that stick around for a long time and distribute the code we contribute under a uniform, consistent, long-lasting license and methodology. The open source community also seems to prefer keeping Names close to the Work, rather than trading them around like Pokemon cards to play mind games with the ignorant public.
- Got their first significant pile of cash from a deep-pockets lawsuit, squabbling over an outdated and irrelevant technology. Granted, they won against a company we all hate, but how much love does the open source community have for a litigation company with no product, no contribution--not unlike the RSA Data Security fiasco.
Exactly what has Caldera done? Do they have a product, or do they simply have a broken copy of an old Debian release? Have they done any work on Linux that demonstrates technical competence? Never mind mindless speculation on how much money we're going to make--let's stick to a question I know we can answer. Is there any technical reason whatsoever to believe that this company has a future in the Linux industry?If Caldera does well on the market, I think it just goes to show you that the investment money behind the software industry is exceedingly foolish. Which is great for people like us, I suppose, who can spot these sick horses up front. I can't help hoping the market will wise up and give companies like Caldera the shaft that they deserve, but if I were more diabolically practical I s'pose I'd hope everyone invested foolishly so I could make money off their mistakes.
So, uhh, everyone, buy lots of Caldera stock! heh, heh.
P.S. I hope you'll understand and kindly forgive me for posting as an anonymous coward, won't you?
oooh "Hanna and Caldera" cartoons or "Caldera the Barbarian" or just "Caldera and the Calderians from planet Caldor"
---
I said amazon,
.com was, so buy, buy as much as you possibly can
I said ebay,
I said redhat,
I said VA,
I said Sun 4 years ago,
I said IBM when it was at 50.
Now, linux is like
--dave
-----------
"You can't shake the Devil's hand and say you're only kidding."
Yeah, seems like there are some people out there who hate me -- oh well ;)
-----------
"You can't shake the Devil's hand and say you're only kidding."
-----------
"You can't shake the Devil's hand and say you're only kidding."
That's ok, we just looooooooooooooove you :D
mcrandello@my-deja.com
rschaar{at}pegasus.cc.ucf.edu if it's important.
Another one. This is getting to be a bit of a bandwagon. Good luck to them. I wish I could get in on it. The bubble has to burst sooner or later though.
"Patience is a virtue, afforded those with nothing better to do." - I don't remember
Ransom Love? Action hero? Sounds more like the title of a romance novel to me!
When OpenLinux 2.3 boots up and goes to the kdm login screen, that is the logo that is displayed. Maybe the two companies became separate after 2.3 was released, but even so, the icon seems appropriate enough.
according to: http://www.calderasystems.com/company/, Caldera Systems, Inc. is a registered trademark of Caldera, Inc. I'm guessing that Caldera, Inc owns Caldera Systems?
if (comment_id < 15 && message_lines > 3) {
moderate_comment(-1);
} else if (message_lines > 25 && message_paragraphs > 3 && grammar() == "good") {
moderate_comment(1);
}
/* Maybe include Linux criticism detection in v0.2... */
--
he has a mechanical hand and french kisses his sister, as well. I, for one, blame his father.
So, you're saying that Malda is Luke Skywalker?
If tits were wings it'd be flying around.
AFAIK Ransom Love was never CEO of Novell. Ray Noorda, former CEO of Novell has a large investment in Caldera however.
--hunter
RateVegas.com - Vegas Reviews
This is great news. Folks, get in on this one if you can. Linux companies are here to stay, and if you have the chance you should lend them some support. (hint: open an E*Trade account now)
If you have difficulties seeing the site, you're obviously using a non-supported browser like MSIE. MSIE's colour support in tables is *broken*.
:-) )
(This was unintentional on my part -- I do not have any way of testing my pages under MSIE, so I didn't realize how horrendous they looked with that browser. I plan on fixing this -- *some day* -- but in the meantime, why not view the pages with a working browser such as Netscape or Lynx?
You're right, of course. Unfortunately, I am not willing to pay hundreds of dollars to purchase a mediocre proprietary operating system plus the hard drive space upon which to install it, so you'll just have to live with the colours until such time as I can get it fixed. :-)
Does anyone have a URL to the prospectus. I cant find it on either Caldera's or Wit's website.
thats funny, http://www.calderasystems.com/ looks remarkably like http://www.caldera.com/
http://slashdot.org/pollBooth.pl?qid=distro2&aid=- 1
Sure, this is not science, but I think it tells us something.
Yeah well, bad MS user me...
why not view the pages with a working browser such as Netscape or Lynx?
Because MSIE is doing the job just fine for me with 99.999% of the pages out there.
Besides, if I wanted to travel back in time I'd use something better than Lynx to accomplish that.
Breace.
Of course, if you had seen the announcement on http://www.LinuxNinja.com , you would know for sure that you are not color-blind.
Dude, I don't mind the shameless plug, but what the fsck is up with blue text on a blue background?
Breace.
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"You can't shake the Devil's hand and say you're only kidding."
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"You can't shake the Devil's hand and say you're only kidding."
Are you sure Ransom Love isn't his Wu-Name?
So can anyone tell me (or point me in the right direction) regarding how I can cash in on IPOs like this? I'm a Linux user, not a stock buff. Are there any tips or resources out there that can help us folk? I have a little dinero that I'd like to invest. Any takers?
--Justin
This is exactly the kind of media mistake Caldera Systems needs to get that stock price up. Just imagine:
In one day Caldera Systems/Inc. received a $30 million investment from a number of major IT companies, a $150 million settlement from Microsoft and then continued to file for IPO! Is this the Microsoft killer the industry is betting on?
Here's a tip: Get a perspectise and Invest now!
How we know is more important than what we know.
Couldn't wait for the copies of their press release on the Microsoft settlement to cool off. Guess you gotta capitalize when you look your best.
Hates people who have stupid little sigs
Looks like Caldera != Caldera Systems. I wish one of them would change their damn name so I don't look stupid again. (I know I've just set myself up for nice flamebait)
Hates people who have stupid little sigs
And now the IPO. I've talked to some friends of founders and they all ;)
want to know how much cash is in it for them.
(1st?)
-bugg
Actually, both Caldera Systems, Inc. and Caldera Thin Clients, Inc. (DR-DOS) are wholly owned subsidiaries of Caldera, Inc. Therefore, they are not entirely separate at all.
You mean the "friends and family" plan ? At this point I wish I was at least a second cousin. (Maybe in Kentucky...)
If you don't understand anything I post, please accept that I ate paste as a small boy...
I would guess Corel would be the "Other RedHat"...Of course I've seen them, Caldera, RH, Macmillan Linux (featuring Mandrake) and Suse at Best buy. Still looking for Slakware or Debian to show up.
mcrandello@my-deja.com
rschaar{at}pegasus.cc.ucf.edu if it's important.
Unfortuneately, even though we are intelligent enough to install linux, according to some (non-linux users no doubt) in high places in our governments, we are still too stupid to know where to put our own money.
There's no reason for a sig here.
What do you think the odds of a small time investor getting in on the IPO are? I mean few thousand dollars...
Didnt they already IPO? which linux distribution was that then? Did the parent company spin off Caldera, and now they are IPO'n as well? Did I miss something? Am I a moron? (or rather is me beinga moron contributing to my confusion?)...
NightHawk
You obviously don't think the correction last week was enough. I'd be interested to hear what you expect to see.
B) major Caldera settlement news - 1/10/00
Believe it or not, this was totally coincidental. Caldera Systems is not related to Caldera, Inc.
Coincidence? Aye think not! :)
Ye think wrong. :)
-- Not speaking for Caldera, even if they were foolish enough to let me.
Not speaking for Caldera Systems, even if they were foolish enough to let me.
It's too bad that none of us will be able to get any stock until after the price skyrockets. There's no way to get in on the ground level with these things.
Sheepdot: Open Source good, Closed Source baaaaaaad!
What a year this guy must be having. As former CEO of Novell, I'm sure that $150M settlement with Microsoft was a pretty sweet moment for him. All this topped off with an IPO almost guaranteed to go through the roof.
Your right, Ransom Love was actually a Senior Product Manager at Novell, not CEO.
Caldera is the wallflower of linux distrobutions - it has pathetic marketing, a weak brand, and very little in the way of a compelling value add. I fail to see how Caldera is better suited for "business" than any other distribution.
Whether you like RedHat or not, you have to commend the way they have created a huge buzz around their brand - they've made themselves synonomous with linux.
I wonder if they'll do that "The Letter" thing... Comments from any caldera employees out there (I see you! Just come forward and tell us! *g*)?
moderate this down, por favor, but I freaking despise people that wave "I told you so" nonsense in the face of people who know what time it is and don't need it, thankyavaymuch. Save it for a yahoo board or whatever, knucklehead.
Gee I really hope that I am in the same trading house that will be doing Caldera, so I can be told that I can't buy the stock as it opens like with Red Hat. On a more serious note thouigh, I doubt that Caldera will exhibit the same gains that Red Hat did out of the gate. My reason for saying this, is the fact that Red Hat was a strange beast to the market, therefore grabing investor's interest. Caldera will become, *that other Red Hat company* As far as the business world is concerned, Red Hat is the linux company and everybody else that hits the market is trying to ride Red Hat's coat tails as long as they can. I could be wrong. I guess we will see what happens soon enough.
Technology's a battle between companies producing more idiot-proof systems and nature producing bigger and better idiots
I didn't see any press release linked with the story. So here's one from C/NET.
(Of course, if you had seen the announcement on http://www.LinuxNinja.com, you would have already known that. ;-) )
(Score: -1, Shameless Plug)
See this post from an employee for the gory details.
<sig>Guvf vf abg n frperg zrffntr
Not likely, unless you've made some open source programs, or have a *damn* good broker. And I don't mean E Trade!
You will have chances to buy after it IPO's, I'm sure they'll do well anyway.
A) major Caldera investments from sun, sco, and venture capitalists - 1/10/00
:)
B) major Caldera settlement news - 1/10/00
C) Caldera files for IPO 1/10/00
Coincidence? Aye think not!
Warm up those E*TRADE accounts boys, Caldera really knows how to rile up the market!
-konstant
Yes! We are all individuals! I'm not!
-konstant
Yes! We are all individuals! I'm not!
I've been reading Under the Radar by Robert Young. A whole bunch of big players just had a chance to get in on Caldera. That would be the show of strength and backing that leads to the IPO announcement.
The net will not be what we demand, but what we make it. Build it well.
Like it or not MS is still a good Wall Street darling, growing in size *AND* actually turning a profit today, not tommorrow. My IPO prospectus doesn't look that good to investors when it says that I am tangled up in court with the firm with the larget market cap in the U.S. Get that behind you and you are looking at first day closing prices of $100-$150. If not, you might be looking at $4-14.
There is, unfortunately, not enough room in this pool for everyone. That's because the pool keeps having the water sucked out the bottom in response to fresh, new water being poured on top. Eventually, any company that gets too close to the bottom will be sucked right out of the market by the inexorable march of progress. And simple logic tells us that somebody always has to be on the bottom, or else there would be no top.
Micro$quish is still a viable stock, but look at what they've done to themselves by tying the whole farm to OS's. Unless changed, eventually they too will be sucked under in this market by that mentality, not their failure to buy into Open Source or any of their other "sins."
Notice: Your mouse has been moved. Windows will now restart so this change can take effect.
They are related, but Caldera & Microsoft settled the lawsuit. Caldera system is different.
Wit Capital is a rightious corporation. Starting from a private offering of a microbrewery to fans of their beer, to creating an online market venue for owners of those shares, they basically invented and forced the US SEC to recognize, the intersection of the `net and the stock market.
Go read their story. It's pretty fun.
oops. this one is the one with (more of) the details. (See what I mean about the poofreader thing? :-)
<sig>Guvf vf abg n frperg zrffntr
Slashdot needs to get a logo for Caldera Systems-- an entirely seperate company from Caldera Inc.(Yes, this also means that this is not the company that just settled a lawsuit with Microsoft.)
<sig>Guvf vf abg n frperg zrffntr
I know how you feel. I've had my saving stuck in 4% bonds for the past few years. Now that I've turned 19, I got a self directed RRSP (Canadian term) trading account at www.tdwaterhouse.ca (.com for those in the States). I've made about 40% on my money since then. We've got our lifetimes ahead of us, and I'm sure there will be more hot Linux IPO's. Chances are you'll get stock options in your own company, so have fun.
BTW, if you are interested in learning how to invest, check out http://www.fool.com, as they are an excellent site for the newcomer. Watch for me on the M$FT board fighting FUD.
What does "Caldera, Inc." do anymore, or are they just a company that exists for the express purpose of suing Microsoft since "Caldera Systems, Inc." is the "OpenLinux company" and "Lineo" is the "embedded Linux, DRDOS, etc. company" or do I have that all screwed up, despite looking on all their websites.
(FWIW, "www.caldera.com" and "www.calderasystems.com" are identical and feature Open Linux, "www.lineo.com" is what you would expect with Embeddix, Embrowser, DRDOS, etc, and "www.calderainc.com" forwards to "www.drdos.com", the only content on which is information about the "Caldera vs. Microsoft" lawsuit.)
-=-=-=-=-
-=-=-=-=-
My mom's going to kick you in the face!
Now, the question:
WHY?!?!? I've been at this a decently long time, and while techs are the sweetie of the stock market right now, we're starting to reach a glut of tech stocks where NONE of them are profitable. Look at Caldera's figures... unless there's some catastrophic correction event, the IPO will likely skyrocket like the others in the first few days. But, c'mon here... Revenue was $3.1M, loss was $9.4M with strikingly similar behavior in the previous two years.
The stock market is not a zero-sum game, but neither is it the Great Inverter, destined to sweep all chronically red companies into the black. Eventually, something has to give, and I don't see that time being too far off at this point... tech stocks have a trial by fire in the next 2 years, or I'll eat my sock.
So, buy buy buy. I'll just be watching for the revolution, 'cause I don't care to be first against the wall when it does come... Hear the gunshots yet? ;)
Notice: Your mouse has been moved. Windows will now restart so this change can take effect.
That wasn't a correction, it was a tiny little dip, the system reset itself already. I agree, there is gonna be hell to pay pretty soon. Too many internet companies are trying to grow themselves to fast. They throw out common business sense in the hope that they can either grow large enough to sustain themselves or they get bought out by some bigger company. They are betting way to much on the future. YES some of them will survive, I'm not saying we'll see a total crash of the stock market. I just believe that it's very likely that the overvalued stocks are gonna reset themselves to more sane levels. The next 2 years is the most likely timeframe, probably right after xmas season of 2000. Of course the way the New Economy seems to operate I could be totally wrong. It's very possible that the rate of growth of the internet will sustain these companies growth and they will become profitable. I don't think that's very likely though.
Without endorsing your comments, it is clear that you mean to refer sometimes to Corel, other times Caldera. It is Corel that based their distribution on Debian, not Caldera. It is Corel that created the Netwinder (now spun-off to Rebel.com), not Caldera. It is Caldera that sued Microsoft over DR-DOS, not Corel.
And yes, Caldera has a product, which is closer to RedHat than Debian (at least, it uses RPM). They've been around a long time, and they are very well respected by many people. So, if you're going to be critical, you'd better get a clue what you're talking about first.
Peace and love, y'all
LILO boot: linux init=/usr/bin/emacs