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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.
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.
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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."
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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.)
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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? ;)
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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
beware of those addressing people as 'folks' regarding stock activity.
LILO boot: linux init=/usr/bin/emacs