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Caldera Publically Trading
Fred Palmer noted that Caldera has officially begun trading their stock. The stock is currently trading several points above where they opened: congrats to everyone who got in on this one, but especially to the guys at Caldera. Now lets see what they do with it ... Linsight has a good summary if you're interested.
He's right about Linux stocks being a money pit. It's good that somebody around here has the balls to say what everybody knows. RHAT will survive, but if you bought it at 150 you'll be waiting five years to see your money again.
On the other hand, MSFT is going nowhere, just look at the chart. If you look around, you can find real growth stocks like EXDS and (if you've got the balls to bet on a winner that's had a catastrophic week) NAVI. Compare and contrast. In today's terms, MSFT is better than RHAT but it's still a dog. Woof, woof! If you buy MSFT you won't lose your money, but you can do a hell of a lot better than "not losing". Only an idiot would buy MSFT. Frankly, they've saturated their market. There's no more room for growth for that company. Zero upside. Shit, when you think about it, RHAT looks bleak but it's at least possible for them to grow. Not fucking likely, but still possible. MSFT? Forget it. Monopolies don't grow.
I've met a lot of hackers who trade a lot. Maybe you haven't, so I'll forgive you for this one.
Get a clue. Stock traders will talk to anyone who will make them money. Geeks are generating shitloads of money.
Why? Because they're doing yet another "me too" Linux IPO? Their stock didin't exactly shoot through the roof, Amazon swings that much or more on any given day.
If you think this is funny you need some help. Offensive topics can be funny, this isn't though. It's just stupid and in very poor taste.
I am curious: how many shares could the participants in Caldera's program buy?
I am convinced ! OK 1000 shares in www.hotgrtits.com *and* a signed copy of "Greatest First Posts - volume I"
... wear their hair however they want, eat whatever they want, and sell their products a lot cheaper than "The Man". Which is why we're bringing him down.
But if Rob does that, what will JonKatz do?
Methinks they merely lined their pockets to make more butt-ugly, stamp-pad, cookie-cutter bullshit sites like this one.
They should invest in making Slashdot a real news source and not the haven of clueless Linux zealots, script kiddiez and trolls.
While they're at it, they should buy the Slashmeat crew half a brain.
Jesus.
Linux is unprofitable software..investors realized that with RedHat. Watch out...
Troll? Uhm, yes.
Funny? Uhm, don't flatter yourself.
Actually it's only good if you got in on the IPO. It opened at 23 and closed at 29 so if you weren't in on the IPO you wouldn't have made that much. Microsoft went up almost that much today.
Glad to learn that he contributed a "bunch" of money and it was not a symbolic gesture. We will contribute the FSF too, Taco, one of these days, it is not easy to forget what FSF has benefited all of us.
holy shit, you look to make sure what you post is not a simple rehash of something already posted? on slashdot no less?
I hereby allow you into the elite minority of non-fuckwitted slashdot posters. consider yourself honored.
signed, eh? hmmm.....
Really, the fact that you took the time to do this means you have some serious serious problems.
You should not be around children. You have issues that require heavy medication and perhaps forced confinement.
looks like the good times may be over. And all the linux companies may have to manke a profit if they don't want to wind up bankrupt.... fat chance of THAT.
Some reason I keep thinking that Caldera is such a Mickey Mouse company and I just don't know why!
Wake up, Being a hacker punk dosen't make you rich unless you do things like Hack the Market...
NO SURPRISE - MALDA AND HIS BUM BOYS ARE JUST OPEN SOURCE WHORES
Where do you get this idea? I was sitting in a coffee shop looking over Cormen, Leiserson & Rivest before class, and this suit from Merrill Lynch comes over to my table and wouldn't shut up. I had to get up and leave to get some studying done.
Making money would be a good start.
Caldera's financial history is unimpressive, to say the least.
But, hey, if you are a "hot" "linux" company, why not go ipo and make some people some quick cash.
This is one of those stocks to avoid like the plague after the initial euphoria has passed, and it will.
Rambone and Jon Katz made their way into the lab where the animal experiments were conducted. A cute, fuzzy rabbit had caught their eye...
The evil duo quickly subdued the little lab rabbit. They strapped the now helpless animal's head to the sex table with hot leather. Jon Katz had they urge, and removed his pants, which were now buldging. After slipping off his briefs, Jon Katz tightly fastened the leather straps and was ready to begin.......
Jon Katz began to "grease up". Shoving endless amounts of vaseline and baby oil all around the rabbit's ass, he slid his purple head firmly into the rabbit's tight asshole. Even though the rabbit was slightly unconscious, screams of pain were constanly being emmited. Rambone reached for the chain whip and smacked the rabbit's soft nose until its face was soaked with blood. Now, with the rabbits head drooped over the edge of the table, Jon Katz continued his sex hunt. His now tingling cock was pushed deeper and deeper through the thick layers of skin which covered the bowel tract. Five, six, seven, then finally all eight and 3/4 inches were plunged deep within the animal's love canal.
Jon Katz's manhood tingled with every slight movement of the now half alive rabbit. He began rhythmically sliding in and out, moaning with pleasure on every thrust. Jon Katz worked himself into a hot orgasm. The blood, now coming steadily out of the rabbit's ass with every thrust of Jon Katz's pelvis, could be heard dripping on the floor. Jon Katz's rate increased and with a final push, he spurted creamy white love gel far up into the rabbit's bleeding ass.
The blood and cum mixed together on the floor, which had now accumulated a large puddle. Unknown to Jon Katz, the semen had acted as a powerful enemma for the rabbit and out ushered the contents of its intestine. The stool was loose and soft. It fell to the ground with a soft thud and broke into small pieces. The obnoxious smell caught Jon Katz's attention, and no sooner had he fallen to the ground and began licking the large puddle of blood, sperm, and stool. Exited at Jon Katz's enthusiasm, Rambone dropped to his knees and also began to slurp the foul mixture.
After cleaning the floor with their tongues, Jon Katz and Rambone checked on the battered lab rabbit. It was barely able to hold its head up, as it had lost control of most of its motor fuctions. Feeling no pity for this sexually mistreated animal, they unstrapped it and tossed it across the room, only to make a loud and deep thud against the wall. Its blood soaked fur left spatters of red stains everywhere it touched. Rambone reached for his chain whip, while Jon Katz grabbed a pair of rusty hedge clippers (one of the many torture devices carried around for "convenience"). They made their way over to the rabbit. The rabbit was struggling for every last bit of air it could, just gasping and wheezing.
"Awwwww. Poor little thing," Rambone maniacally laughed. He raised his arm and thrust the cold metal whip down, exposing the rabbit's bloody flesh. He kept whacking and whacking at the furry bag of blood. Then, when Rambone stopped to catch his breath, Jon Katz stepped over with his rusty hedge clippers. He knelt over the rabbit who was knocking loudly on death's door. Jon Katz took a quick glance at the clippers, grinned, and then thrust them deep into the body of the rabbit, obviously hitting many arteries. As the blood squirted into Jon Katz's face he moved the clippers around in hopes to find a thick bone to crunch. "Aha! The femur!" he yelled out with excitement. Jon Katz wedged the clippers against the bone. He opened them wide......then closed down on them with all his might. The bone could be heard deep inside the rabbit, being mutilated. Death had glazed the bunny's eyes.
The rabbit lay dead, a bloody mess on the floor. Its bodily fluids freely surged across the tiled floor. Then with a look of extreme satisfaction, both Jon Katz and Rambone lit up some smokes, gathered their belongings and quietly left the hospital grounds, knowing with confidence that they would strike again, somewhere, soon.
Someone moderate this crap down please, im not offended by it but it really just takes up bandwidth for no reason whatsoever. Blah!
"Now lets see what they do with it ... "
Yeah, that's asking the question and getting the info we'd want to know! Hey Taco, when ANDN/LNUX goes belly up (Jan 2002 is my prediction), you can probably get a job as a fluff journalist.
caldera (a company which has something to do with LINUX in a a roundabout way!!!!!!!!!!) is trading up 105% as I type this
hey you know, at one point in the 1920s, radio stocks were through the roof too...
it sickens me that investors still salivate when they hear the L word.
Sending a lot of "snail" mail to Microsoft, are you?
I still have to send in for my $70 rebate for Windows 2000, but can't think of another time in the recent history when I needed a stamp to communicate with Microsoft.
Red hats ?
Thankyou.
i hear you. people who post shit like that are just brainless assholes. i like funny trolls, even if they're offensive. hell, some days i AM a funny troll. but this shit isn't funny, it's just some idiot who wants to prove that we can't stop him from being an idiot.
i wonder fi these child-molester idiots are trying to get rid of anonymous posting. really. that's the only thing it'll ever accomplish.
Wait, don't you think they'll have some serious embedded competition from Redhat "We-Own-Cygnus" Linux?
Er, I think you wanted the previous story...
I hope caldera the best in this. They helped bring linux to a different market in the beginning so good boys.
http://theotherside.com/dvd/
This post is incredibly fucked up and I don't know how it got moderated up...
--hunter
RateVegas.com - Vegas Reviews
Now lets see what they do with it ...
I can't believe CmdrTaco has the unmitigated gall to even mention this. What has Andover.net done with its IPO money? I've seen two things:
1) A popularity contest that many people didn't know about, know how to use or see the results of.
2) A 40 GB HD for Rob (mentioned a couple of days ago)
When is Slashdot going to start "giving back to the community?
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The spelling publically has long been deprecated. Use publicly instead.
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Poliglut.org: 75 Million gun owners can't be wrong
That recent Linsider announcement, "We don't usually post new sites, but...", and now "Linsight has a good summary"... doesn't quite look like coincidence, does it? Does CmdrTaco own stock in them, or is Hemos being blackmailed with photos of him and his hamster?
Another all-time low. That trick doesn't seem to work...
Hat's off to Caldera
How is it anonymous? He says who he is in the title: Jon Katz!
Caldera System's focus in NOT on the embedded market. There was a complete spinoff from caldera created just to serve the embedded market and the name of the company is Lineo. Caldera Systems is 'linux for business' whatever the hell that means, but its not 'linux for embedded' because that is the domain of Lineo.
I also agree with the other posters that Redhat will be strong in embedded with their cygnus support.
I think that Caldera is probably going to focus on the 'thin' applications, taylor made solutions, and in this realm the OS is also probably less important if you can slap on a nice interface. Thats at least what I gleamed from Ransom Love's interview on CNBC today.
kfort
of course its in poor taste, but its obviously not serious. noone ever got the sudden urge to rape little boys by reading some flamer's post. if you read my message the reason I think its funny is that people get upset because of it. its just a stupid post but you guys think its a threat to slashdot and all our freedoms online. ITS NOT SERIOUS.
because its designed to make people react just like you did and it worked. Don't take everything so seriously
I too applaud his/her use of CTRL-F, but in this case you needed to have looked at Caldera stories from a week or three ago to know that the whole "logo looks like mouse ears" thing has already been run into the ground.
I see even classic Slashdot is now pretty much unusable on dial up anymore.
Huh? You have to look at percent change.
To buy 100 shares of MS you would need ~$100k, which would give you a profit of $600 on a 6 dollar per share rise.
With $100k, you could instead buy ~4350 shares of CALD at $23, which would give you a profit of ~$26000 on a 6 dollar per share rise.
ANd you say there is no difference? Suuuuuuuuure. Whatever. Go learn how the stock market works.
Yea, my math is wrong, thanks. Same point though. You can only compare percent changes.
Oog, you're right. But have you seen the curve on Caldera's stock price? It's completely flat!
If tits were wings it'd be flying around.
Yes, it does! I was about to post the exact same observation (but an Alt-F "disney" led me to yours).
What do you care what other people do with their money?
DrLunch.com The site that tells you what's for lunch!
I bought it. I've been waiting for a long time for Caldera to go public and now that they have I'm so happy. I got in at 26 1/4 and that was only possible because I believe the market situation was such that investors didn't know whether or not to jump into another Linux company. I missed the boat on Red Hat, VA Linux systems and Andover.net. But this time I got in before the price shot above what I was willing to pay. In this case I set my limit at 30.
So when you say Hackers don't buy and sell stock you're wrong. Not only do I do it, but some of the most succesful stock traders I know are computer geeks.
Caldera is a real company with a real product and anyone who doesn't own any Caldera stock should buy NOW.
No todo lo que es oro brilla
No, you're not alone. The funny thing is that I was considering a post with the same sentiment.
Given one hour to live, the student replied: "I'd spend it with professor FP who can make an hour seem like a lifetime."
Red Hat has bigger fish to fry. Embeded will suffer.
OOG, you sound like Zach the dog from ToyFare. I think you'd get along, HAVE MANY COMMON INTERESTS LIKE CHEWING TOYS AND BUSTING HEADS! But I think you're smarter. You should check it out, probably availiable at any caveman comic book store!
-ooky
"And Rufus is back home grow-l-in'" -bbobys
Crap like this slowly but surely kills slashdot more every day. Thanks!
hmm. marc, you need to check out your math. 100 shares of msft run about $10K. or, put it another way, cald opened about about 1/4 the price of msft. so your comparison is off by an order of magnitude: you'd get about 4 times as much with cald than with msft.
Hackers aren't stock traders, and stock traders won't even TALK to geeks, so where are these players getting their information? It's all hype based entirely on the fact that it's an IT company related (in some distant way) to the Internet and e-commerce. Anyone with Caldera stock should sell NOW.
They should be asking themselves key questions like "How many competitors does this company have?" rather than "How many buzzwords do they have in their press-releases?".
I have no issue with Caldera (or with other people gambling their money). lastminute.com (In the UK) is a good example of people losing touch with common sense (and now losing touch with their money).
Best of luck to caldera. Its a heck of a lot of money. Seems like they missed the real linux boom by a few months, though. RHAT and VALinux have been on a steady downward trend for a while now (VA's never actually had a positive moving average). Could lead to some problems - specially in the waxing and waining NASDAQ of the past few weeks.
The best thing that I think that Caldera has done and many people might not know about is that they are responsible for QT becoming open source, thus ending the dreadfull gnome/kde wars. Caldera basically told Troll Tech that they wanted to do a lot of business with them but wanted QT to be opensource, so today we have the QPL and KDE and GNOME can fight on pure technical grounding.
My gripes with Caldera is that they do add too much proprietary stuff onto their OSes, both 3rd party and in house things. I hope they stay true to the Free Software roots of this business.
kfort
I'd like to take this opportunity to thank Caldera for offering a directed share program to selected individuals who participate in open source software. Yes, it appears to have been significantly smaller than previous such programs. But it did seem to be reasonably well run, offered fairly easy and well documented online access to participants in the US through Wit Capital and offered slightly more complicated access to some who are outside the US though other brokers.
Maybe going public is good for the company. Maybe it isn't. etc. But that is what any company that is going public faces. Regardless of if you think Caldera will succeed in their attempt or not or if they are worth their current valuation or not, I think that having them try is great for Linux and, if anything, makes them more accountable for adhering to the terms of the GPL, being a good community player, etc.
I am also glad that their stock didn't shoot through the roof on the first day like VA Linux did; now, even though LNUX is still at triple its offering price, many slam its stock performance as a failure, with little cause. As with all tech stocks, only time will tell what the company is really worth. In the meantime, it will trade at the whim of the market and associated spin doctors.
They refer to Caldera Systems as "Caldera" and say it was founded in '94 when "Caldera Systems" ("Linux for eBusiness") is in fact a subsidiary of Caldera and was spinned off on September 02, 1998 along with "Caldera Thin Clients, Inc." (since renamed as Lineo).
I believe it is a bit irresponsible for a "Linux stock site" to keep using the wrong title for the company especially when it was Caldera and not Caldera Systems that agreed to settle the DR-DOS suit with Microsoft for an unspecified sum.
CmdrTaco plugs in his opening the Linsight entry for Caldera Systems as a good summary. Hello? There is next to no useful (and correct) information for potential investors. Could someone kindly answer or correct answers to the following questions:
1) What percentage of the stock is available for public, how many shares are there in total and who owns those?
2) 10% of the public offering (which itself was 5% of total) was targeted to selected Open Source developers and _friends_. What was the breakdown between friends and developers (who have only seem to have gotten a number of shares closer to the low end of the 100-500 share allocation per person)?
3) Which individual owns 73% and controls everything?
4) Who got in before the IPO at $6 per share? (Sun, SCO, Citrix, Novell etc.)
5) Fiscal '99 results: $3mil revenue and $9.4mil loss.
6) Quarter ending Jan. 31.: $553,000 of revenue and a net loss of $5.5 million
7) Product portfolio: OpenLinux distro (and...?)
8) Open Source licensing status of OpenLinux (or other products)?
Every single well-informed CALD investor should be able to answer these questions so let's see if anyone's interested. What comes to Linsight, they would serve those interested in "Linux stocks" much better by also delivering important facts about covered companies instead of only scratching the surface and keeping tabs of companies' PR releases.
Should invading one's peaceful neighbours be opposed, or rewarded with trade deals?
I have no idea about VA or Caldera, but Redhat was profitable for every year from its inception to Venture Capital Investment Round A.
Furthermore, it has %54 of the market share and unlike Caldera, refuses to write and non-open source code, as well as contributing significants amounts of its funds towards open source development [eg, a quarter of its annual expenses went of GTK development in 1998].
7) Product portfolio: OpenLinux distro (and...?)
AFAIK, they sell OpenLinux 2.3, eServer 2.3 (and that one seems to be very cool, kernel tuned for server performance, hardware RAID compiled into kernel, the whole binary stuff compiled for Pentium Pro or better CPU, Webmin and much more), OpenLinux 2.3 Powerbundle and NetWare for Linux. Also, there is stuff like OpenLinux T-shirt etc. And there is a comprehensive Linux courseware which is non-distro specific, which is Good(tm).
They are also selling some OpenLnux books.
Sigged!
As usual, LNUX is down; closed at 80 today. Check the moving average on LNUX to see the trend. RHAT is down, too. So the CALD offering didn't do anything to pump up the other Linux stocks; it was a lousy day for both of them.
And the Caldera logo does look like Mickey Mouse(tm) overshadowing the world.
Caldera is trading around the upper 20's right now, I'd say they don't have to worry about their stock falling down to earthly levels... looks like they are going to stay in the earthly zone.
:)
This is actually not a bad thing... I'll take constant steady growth over a meteoric rise any day. But hey... I'm a long term investor and I prefer to sleep soundly at night
If Caldera had gone public 6 months ago they would have done much better, the Nasdaq has been sputtering lately and the Linux charm is starting to erode with the wall street pundits. Witness the major hit that Corel (down 20+% TODAY) and Inprise (down 20+% TODAY) are taking. As well as the downward slide of RedHat, VALinux...etc.
Now the real work begins for these companies. Stocks tend to grow based upon a companies growth and earnings etc. RedHat and VALinux will have to prove to their shareholders that their billion+ marketcap is justified. I wish them luck but I feel sorry for anybody who bought them at the top.
Dave Blau
This post expresses my opinion, not that of my employer. And yes, IAAL.
Caldera takes the plunge and makes $70M in a day. Way to go. It's amusing with the certain "cookie cutter Linux IPO pattern" that we're seeing develop.
:)
Company X provides Linux services. Company X lost between 2 and 20 million dollars last year. Yet when company X goes public, their stock soars.
Unfortunately for Caldera, they are doomed to follow the pattern of Linux companies before them, by having their stock fall to sane and earthly levels.
I'm sure that the future is bright for our favourite players in the Linux game, it just takes time. But corporate America attitudes sure do make me smile in these cases. I'm looking forward to the time when Linux companies have strong stock prices based on their corporate performance, and not the 5 magic letters that they associate themselves with.
Maybe these Linux companies should strive to see who can turn a profit first, instead of who can gobble up the most market share and start-up's
---------------------------------
"There is no knowledge that is not power"
Seriously.
Ideology is for ideots.
Caldera is placing them selves much different from the Red Hats & VAs. They have a unique offering for embedded support. RH/VA really are positioning themselves as desktop players. I see a lot more room for Caldera supporting embeded for Linux than every corperate IS department switching over to Linux on the desktop. (Not the because of the value of Linux for the desktop, but because of the slowness of most IS dept). Embeded engineers can select an OS with few of the restriction an IS dept has as long as it gets the job done.
S-
OOG SEE MANY IPO!!! THEY ALL SAME!!! INITIAL SUCESS AT HIGH RATE, BUT THEN COOL DOWN AND ENTER VOLATILE STATE OF PRICES!!! ESPECIALLY WITH INFLATED PRICE OF MANY TECH/SOFTWARE STOCKS!!! OOG CONSIDER INVESTING WITHIN FIRST FEW DAYS, BUT THEN SELL ONLY A LITTLE LATER BEFORE PRICES CRASH AND GO CRAZY!!!
OOG THE OPEN SOURCE CAVEMAN!!! OOG BREAK HEAD WITH OPEN SOURCE CD!!!