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.

Comments

Re:The Next Step

[Zoltar]

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.

Closing price

[deblau]

They just closed at $30, up $16 from their opening. Not stellar, but good if you got in early.

Dave Blau

The Next Step

[Scooter[AMMO]]

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 :)

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It is just me...?

[Trickster Coyote]

...or does the Caldera logo look like a giant Mickey Mouse casting a shadow over the world. The first time I saw it, I though it was some sinister new logo for the Disney&#174 Corporation.

Seriously.

Embeded

[MountainLogic]

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 YAWN!!!

[OOG_THE_CAVEMAN]

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!!!