On 2008-06-26, Ezekiel <y@xxxxx> wrote:
>
> "Roy Schestowitz" <newsgroups@xxxxxxxxxxxxxxx> wrote in message
> news:1512439.BYebaXc9V3@xxxxxxxxxxxxxxxxxx
>> -----BEGIN PGP SIGNED MESSAGE-----
>> Hash: SHA1
>>
>> Red Hat net up slightly, rev climbs 32 pct
>>
>> ,----[ Quote ]
>> | Revenue rose 32 percent to $156.6 million, the company said. Analysts
>> were
>> | expecting revenue of about $153.1 million, according to Reuters
>> Estimates.
>> `----
>>
>> http://uk.reuters.com/article/technology-media-telco-SP/idUKN2525917220080625
>>
>
> Idiot. Take a look at how Wall Street is responding to what you "think" are
> good earnings. Redhat sucked wind and it's getting punished as a result.
Wall Street really isn't saying much of anything here.
>
> $21.05 -$1.25
> (-5.61%)
> 9:51am ET
>
><quote>
> CHARLOTTE, N.C. (AP) -- Red Hat Inc. said Wednesday its first-quarter 2009
> profit rose 6.6 percent as the software distributor worked to expand the
> footprint of its open-source products with costly internal investments.
>
> http://biz.yahoo.com/ap/080625/earns_roundup_oracle.html?.v=1
></quote>
>
> For a company as small as Redhat 6.6% growth is pathetic. Gigantic companies
> like Microsoft (more than 50X the size of Redhat) are growing at a faster
> rate than this. Redhat and linux are definitely stagnant. It's no wonder
> that Redhat gave up on the linux desktop because of no demand.
>
>
>
> ** Posted from http://www.teranews.com **
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