FREMONT, Calif., Aug. 23 (Reuters) - VA Linux Systems Inc. on Thursday posted a large fourth-quarter loss, three months after the company said it would exit the computer hardware business and focus on providing software and services for the alternative Linux operating system.
VA Linux posted a fourth-quarter loss of $290 million, or $5.58 per share, compared with a loss of $47.5 million and $1.15 per share in the year-ago quarter.
The company, which cut 35 percent of its workforce on announcing its exit from the hardware business, said its non-cash charges in the fourth quarter totaled $267 million, including a restructuring charge of $69.9 million. Revenues fell to $16 million from $50.7 million a year ago.
VA Linux, its business now focused on its SourceForge application software, said it expects first-quarter revenues of $3 million to $4 million, with a net loss from operations of $10 million to $13 million.
VA Linux shares closed at $1.73, down 13 cents on the Nasdaq exchange before the earnings announcement. The stock peaked at $320 per share on Dec. 9, 1999, when it recorded the largest first-day gain -- 698 percent -- in U.S. stock market history.
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The Microsoft® Windows® 2000 operating system is the ideal
platform for the next generation of business computing and addresses
the full range of customers' computing needs, from laptops and
desktops to high-end clustered servers. The operating system helps
organizations Internet-enable their business with a reliable,
manageable infrastructure that is optimized for existing and emerging
hardware.
Windows 2000 Professional is the operating system for desktops and
notebooks for all sizes of business. Windows 2000 Server is an
entry-level solution for running more reliable and manageable file,
print, intranet, communications and infrastructure services. Windows
2000 Advanced Server includes additional functionality to enhance
availability and scalability of e-commerce and line-of-business
applications.
Top 10 Reasons to Move to Windows 2000 Professional
Value. The number one reason to move to Windows 2000 Professional is the overall value it offers your business. As this list proves, Windows 2000 Professional can help you reduce costs through improved management and increase productivity through improved reliability and ease of use. For example, analysis conducted at Credit Suisse First Boston predicted that using Windows® 2000 Professional could reduce the firm's directly related IT costs by 15 percent, as well as improve employee productivity by cutting computer-related unproductive time by as much as 41 percent. For more about return on investment, see these reports from Giga Information Group, Inc. and Arthur Andersen.
Reliability. An essential requirement for business users is a personal computer they can count on. That's why Windows 2000 Professional includes fundamental improvements--such as modifications to the operating system core to prevent crashes and the ability for the operating system to repair itself--that make it the most reliable desktop operating system Microsoft has ever produced. On comparative reliability tests conducted by ZD Labs, the average system uptime of Windows 2000 Professional was over 50 times that of Windows 98 and 17 times that of Windows NT Workstation 4.0.
Mobility. Mobile computing is simpler and more efficient with Windows 2000 Professional. This means you can work anywhere, anytime while also saving time and increasing productivity. As described in these news articles, "Finally, a Notebook OS" and "Mobile Users In Love with Win2K", Windows 2000 Professional offers mobile users key productivity and time-saving features, including the ability to hibernate and restart the system without a reboot and the ability to easily take files and folders offline.
Manageability. Windows 2000 Professional is easier to deploy, manage, and support. Centralized management utilities, troubleshooting tools, and support for self-healing applications all make it simpler for administrators and users to deploy and manage desktop and laptop computers. These improvements pay off in reduced costs, as illustrated by this Eastman Chemical total cost of ownership analysis.
Performance. The advancements made throughout Windows 2000 Professional are accentuated by the operating system's speed. As shown in ZD Labs tests running the most popular business applications, with 64 MB of RAM, Windows 2000 was 32 percent faster than Windows 95 and 27 percent faster than Windows 98. It is also significantly faster than Windows NT 4.0 on configurations with 32 MB of RAM.
Security. Windows 2000 Professional provides comprehensive security features to protect your sensitive business data, both locally on your desktop computer and as it is transmitted over your local area network, phone lines, or the Internet. With its support for Internet-standard security features such as IP Security, Layer 2 Tunneling Protocol, and Virtual Private Networking, Windows 2000 is so secure that banks, such as Credit Suisse First Boston, use it. For some organizations, such as the law firm Dorsey & Whitney LLP, security is a key reason for moving to Windows 2000.
Internet. The familiar user interface of Windows 98 combined with all the capabilities of Internet Explorer 5, makes using the Internet and your local desktop a unified user experience, as described by PC Magazine. This user interface, combined with integrated search capabilities, makes it easier to find and use information locally and on the Web.
Usability. As described in this Windows 2000 Magazine review, Windows 2000 Professional combines the power and security of its predecessor, Windows NT Workstation, with the traditional ease of use of Windows 98. It also provides more wizards, a centralized location for common tasks, and menus that adapt to the way you work.
Data Access. When you use Windows 2000 Professional in conjunction with Windows 2000 Server, you can take advantage of IntelliMirror technologies. By letting you store your important information and desktop settings on a central computer, IntelliMirror lets you work on any computer attached to your network as if you are at your own desk. The centralized management savings made possible by Windows 2000 IntelliMirror technologies are one of the reasons WFofR, Inc. is using Windows 2000 Professional.
Hardware. Windows 2000 Professional lets you take advantage of new hardware devices, such as those with universal serial bus (USB) and IEEE 1394 (Firewire) connections. In addition, support for existing hardware makes Windows 2000 ideal for companies, such as Panasonic, that want to standardize on a single operating system across their organizations.
How To Get Windows 2000 Professional: Convinced? Choose from the following to move to Windows 2000 Professional today:
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Why does michael care about games?
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·
· Score: -1
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VA Linux posts $290 million Q4 loss
FREMONT, Calif., Aug. 23 (Reuters) - VA Linux Systems Inc. on Thursday posted a large fourth-quarter loss, three months after the company said it would exit the computer hardware business and focus on providing software and services for the alternative Linux operating system.
VA Linux posted a fourth-quarter loss of $290 million, or $5.58 per share, compared with a loss of $47.5 million and $1.15 per share in the year-ago quarter.
The company, which cut 35 percent of its workforce on announcing its exit from the hardware business, said its non-cash charges in the fourth quarter totaled $267 million, including a restructuring charge of $69.9 million. Revenues fell to $16 million from $50.7 million a year ago.
VA Linux, its business now focused on its SourceForge application software, said it expects first-quarter revenues of $3 million to $4 million, with a net loss from operations of $10 million to $13 million.
VA Linux shares closed at $1.73, down 13 cents on the Nasdaq exchange before the earnings announcement. The stock peaked at $320 per share on Dec. 9, 1999, when it recorded the largest first-day gain -- 698 percent -- in U.S. stock market history.
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The Microsoft® Windows® 2000 operating system is the ideal platform for the next generation of business computing and addresses the full range of customers' computing needs, from laptops and desktops to high-end clustered servers. The operating system helps organizations Internet-enable their business with a reliable, manageable infrastructure that is optimized for existing and emerging hardware.
Windows 2000 Professional is the operating system for desktops and notebooks for all sizes of business. Windows 2000 Server is an entry-level solution for running more reliable and manageable file, print, intranet, communications and infrastructure services. Windows 2000 Advanced Server includes additional functionality to enhance availability and scalability of e-commerce and line-of-business applications.
|\_/|
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- Value. The number one reason to move to Windows 2000 Professional is the overall value it offers your business. As this list proves, Windows 2000 Professional can help you reduce costs through improved management and increase productivity through improved reliability and ease of use. For example, analysis conducted at Credit Suisse First Boston predicted that using Windows® 2000 Professional could reduce the firm's directly related IT costs by 15 percent, as well as improve employee productivity by cutting computer-related unproductive time by as much as 41 percent. For more about return on investment, see these reports from Giga Information Group, Inc. and Arthur Andersen.
- Reliability. An essential requirement for business users is a personal computer they can count on. That's why Windows 2000 Professional includes fundamental improvements--such as modifications to the operating system core to prevent crashes and the ability for the operating system to repair itself--that make it the most reliable desktop operating system Microsoft has ever produced. On comparative reliability tests conducted by ZD Labs, the average system uptime of Windows 2000 Professional was over 50 times that of Windows 98 and 17 times that of Windows NT Workstation 4.0.
- Mobility. Mobile computing is simpler and more efficient with Windows 2000 Professional. This means you can work anywhere, anytime while also saving time and increasing productivity. As described in these news articles, "Finally, a Notebook OS" and "Mobile Users In Love with Win2K", Windows 2000 Professional offers mobile users key productivity and time-saving features, including the ability to hibernate and restart the system without a reboot and the ability to easily take files and folders offline.
- Manageability. Windows 2000 Professional is easier to deploy, manage, and support. Centralized management utilities, troubleshooting tools, and support for self-healing applications all make it simpler for administrators and users to deploy and manage desktop and laptop computers. These improvements pay off in reduced costs, as illustrated by this Eastman Chemical total cost of ownership analysis.
- Performance. The advancements made throughout Windows 2000 Professional are accentuated by the operating system's speed. As shown in ZD Labs tests running the most popular business applications, with 64 MB of RAM, Windows 2000 was 32 percent faster than Windows 95 and 27 percent faster than Windows 98. It is also significantly faster than Windows NT 4.0 on configurations with 32 MB of RAM.
- Security. Windows 2000 Professional provides comprehensive security features to protect your sensitive business data, both locally on your desktop computer and as it is transmitted over your local area network, phone lines, or the Internet. With its support for Internet-standard security features such as IP Security, Layer 2 Tunneling Protocol, and Virtual Private Networking, Windows 2000 is so secure that banks, such as Credit Suisse First Boston, use it. For some organizations, such as the law firm Dorsey & Whitney LLP, security is a key reason for moving to Windows 2000.
- Internet. The familiar user interface of Windows 98 combined with all the capabilities of Internet Explorer 5, makes using the Internet and your local desktop a unified user experience, as described by PC Magazine. This user interface, combined with integrated search capabilities, makes it easier to find and use information locally and on the Web.
- Usability. As described in this Windows 2000 Magazine review, Windows 2000 Professional combines the power and security of its predecessor, Windows NT Workstation, with the traditional ease of use of Windows 98. It also provides more wizards, a centralized location for common tasks, and menus that adapt to the way you work.
- Data Access. When you use Windows 2000 Professional in conjunction with Windows 2000 Server, you can take advantage of IntelliMirror technologies. By letting you store your important information and desktop settings on a central computer, IntelliMirror lets you work on any computer attached to your network as if you are at your own desk. The centralized management savings made possible by Windows 2000 IntelliMirror technologies are one of the reasons WFofR, Inc. is using Windows 2000 Professional.
- Hardware. Windows 2000 Professional lets you take advantage of new hardware devices, such as those with universal serial bus (USB) and IEEE 1394 (Firewire) connections. In addition, support for existing hardware makes Windows 2000 ideal for companies, such as Panasonic, that want to standardize on a single operating system across their organizations.
How To Get Windows 2000 Professional: Convinced? Choose from the following to move to Windows 2000 Professional today:oo oooo oo oo oo oo oo oo
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What, no ASCII art of the chart?
What if someone believes what you post? Imagine the disappointment and horror when he finds out it isn't true.
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Who needs Satan when we have michael?
without them fighting each other? We will see.
Something makes me think you should update your signature.
"Talk" - so that's what you call it? But I'm not really interested.
How dare you call yourself a propstoalldeadhomiez. You're just a gay buttfucker who should be posting as michael.
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Isn't that the average age of things posted on Slashdot?
I knew you would like that.
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How can he censor those?