Slashdot Mirror
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.
This isn't surprising. Lemmie add Intel, AMD, and Transmeta into the mix. Looks like all tech stocks are hitting low. Not to mention that stocks dropped drastically after last tuesday.
Good quote, too many chars. Seriously, the slashdot 120 char limit sucks!
Here's a cheap one for you. And if I remember correctly from last time I was in a CompUSA store, 7.0 was even cheaper.
No, not really. Most of those one time items were intangibles.
See, when a company buys another company, the premium they pay to what the assets of the company are is called goodwill. This goodwill is considered an asset on the buying company's balance sheet. The goodwill gets "used up" over a few years, and gets expensed off, that is, deducted against income (amortizing).
In other words, most of it wasn't "real" money. The only important one-time charges were the severance expenses, that was real tangible money that had to come from somewhere.
I've had enough abrasive sigs. Kittens are cute and fuzzy.
ask redhat if they accept donations, or if you buy distros, buy the distros directly from them. Retailers probably will pocket most of the money that you give them(they gotta make a profit too). So if you're concerned about 100% of the money you are spending going to red hat, just do one of the 2 above.
Got Freedom?
Thinking?
The problem with OS/2, besides that it sucked compatability wise; Microsoft. M$ wrote most of it for IBM, than the deal went sour and IBM was stuck re-doing it, in typical "BIG BLUE" fashion (throw 1,000 programmers at it and hope...)
M$ had done so many cheap write arounds for the code to work, IBM was stuck scratching their proverbial asses trying to figure it out, while watching Gates go from millionaire to billionaire. Unlike M$, IBM wanted it to work now, not do the M$ "ship it now, fix it later" style of programming.
It is sad to see alot of parallels in the history of OS/2 to the current situation with Linux. M$ had no real competition at the time, so they could get away with it. Linux on the other hand has an entirely different situation, they are David, amd M$ is Goliath.
Good Luck Linux,
--chris
Being delisted means that they are not traded on the larger stock exchanges anymore. It's a huge knock on the company's prestige but it's not at all like chapter 11. They company will still be in business and it will be traded on the "pink sheets". There are markets filled with companies like VA Linux on those exchanges.
There are a number of things that must happen to get delisted. Some of them include trading below $5 for an extended length of time, having a market cap under $50 million, etc. (I don't pretend to have them memorized. I'm just fimiliar with them because I worked for a failing company.)
Anyway, even with all the methods of staying listed it seems to me that VA Linux is in danger, just like you pointed out.
That which does not kill me only makes me whinier