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Caldera Prices Its IPO

Posted by ryuzaki0 on from the release-the-funds dept.

A reader writes, "Caldera has priced its IPO. See here in Wideopen for what little there is to read about it. " Summary: $7-9 expected range of price, while selling 5 million shares. Update: 02/26 01:31 by R : Slightly deeper story at News.com.

1 of 129 comments (clear)

  1. The rise and fall of the Linux IPO by Brento · · Score: 5

    Have you checked the stock prices on Linux stocks lately? Sure, a lot of people who got in quick made a great buck, but anybody who bought after the first month is really getting clobbered.

    RedHat - opened at $7, rocketed to $151, now $68.
    VA Linux - opened at $30, rocketed to $320, now at $113.
    Cobalt - opened at $22, rocketed to $172, now $104.

    This sends a message to Wall Street - get in fast on Linux IPO's, and then dump them on the unwitting public. It also sends a subliminal message about Linux as a whole - that it's not a long-term option, only a short-term one. (I'm not saying I agree, but that's the subliminal message.)

    --
    What's your damage, Heather?