Red Hat Reports (tiny) Loss, Revenue Slip
Futurepower(tm) was one of the first to write with the news Red Hat reports loss, revenue slips, via Infoworld. Szulik ? is right in his statement that compared to what's going on in the overall technology segment, RH is doing a good job.
23-Mar-01 AUGUSTIN, LARRY M
Chief Executive Officer, Director 26,000
LNUX Sold at $3.50/Share.
Proceeds of $91,000.
21-Mar-01 AUGUSTIN, LARRY M
Chief Executive Officer, Director 14,700
LNUX Sold at $3.00/Share.
Proceeds of $44,100.
20-Mar-01 AUGUSTIN, LARRY M
Chief Executive Officer, Director 30,000
LNUX Sold at $3.14/Share.
Proceeds of $94,200.
15-Mar-01 AUGUSTIN, LARRY M
Chief Executive Officer, Director 41,500
LNUX Sold at $3.25/Share.
Proceeds of $134,875.
13-Mar-01 AUGUSTIN, LARRY M
Chief Executive Officer, Director 50,000
LNUX Sold at $3.38/Share.
Proceeds of $169,000.
13-Mar-01 AUGUSTIN, LARRY M
President, Director, Chief Executive Officer 400,000
LNUX Proposed Sale (Form 144).
Estimated proceeds of $1,600,000.
12-Mar-01 AUGUSTIN, LARRY M
Chief Executive Officer, Director 400,000
LNUX Acquired Shares via Exercise of Options at $0.02/Share.
Paper gain of $1,192,000 at a fair market value of $3.00/share on 12-Mar-01.
Good to see that a crufty evil distro like RedHat is losing money.