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[News] Red Hat Expected to Impress Before Xmas

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Stocks in focus for Monday

,----[ Quote ]
| Red Hat RHT is estimated to report a profit of 17 cents a share excluding 
| stock option expenses in the third quarter. 
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http://www.menafn.com/qn_news_story.asp?StoryId=%7BD7D1B572-2EC5-4735-9E05-EDA212504366%7D


Recent:

Red Hat climbs after Jefferies upgrade

,----[ Quote ]
| Shares of Red Hat Inc. climbed Thursday after a Jefferies analyst upgraded
| the software distributor, noting its 100 percent recurring revenue stream,
| which puts it in a good position to weather the 2009 "spending storm."
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http://money.cnn.com/news/newsfeeds/articles/apwire/32027c01dad71c62a2a1fb902359a3c8.htm


Red Hat bucks the trend

,----[ Quote ]
| At a time when most companies are happy if the balance sheet does not show
| any red ink, Red Hat Linux has bucked the trend. Its stock price leapt 32
| percent last week compared to that a year ago, during a week when technology
| stocks overall fell by 2.6 percent.
|
| According to information available at Channel Insider, the so-called mixed
| source company, Novell, saw its stock price fall by 11 percent, the biggest
| loser of the week.
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http://www.itwire.com/content/view/22172/1090/
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