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[News] Red Hat Targets Wider Market After Huge Jump

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Red Hat CEO looks from Wall Street to 'mainstreet'

,----[ Quote ]
| Red Hat's CEO Jim Whitehurst said at a press shindig in London last week that 
| he wants Red Hat to stop focusing solely on Wall Street-type companies and 
| make inroads with 'mainstreet' enterprises.  
`----

http://www.businessreviewonline.com/os/archives/2008/12/red_hat_ceo_loo.html

Red Hat was up 32% (!!) some days ago.


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."
`----

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.
`----

http://www.itwire.com/content/view/22172/1090/
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