Roy Schestowitz wrote:
> Red Hat to buy back $325M in stock, debt
>
> ,----[ Quote ]
> | Red Hat Inc., which distributes the open source Linux operating
> | system, said Friday that its board has approved a $325 million
> | stock and debentures buyback program.
> `----
>
> http://biz.yahoo.com/bizj/061027/1368151.html?.v=1
Wall Street punishes RHAT
Failure to meet goals.
Crumbling sales.
Redhat is forced to spend its own money to sop up its worthless stock.
|
|