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[News] Analysts Optimistic About Linux, Red Hat

,----[ Quote ]
| Open source software company Red Hat is on tap to report fiscal first
| quarter earnings on Wednesday after the closing bell. Earnings are
| expected to rise 23% to 9 cents per share, according to analysts, while
| sales are forecasted to rise 37% to $83 million. Earlier this week, Banc
| of America Securities said shares could trade in a range of $25 to $30
| as rosy expectations for Linux adoption look priced in the stock.
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http://www.forbes.com/2006/06/27/nike-micron-paychex-cx_pk_0627eyeonstocks.html?partner=yahootix

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