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DATE 2008-03-01

HANGOUT

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Key: Value:

Key: Value:

MESSAGE
DATE 2008-03-29
FROM Ruben Safir
SUBJECT Subject: [NYLXS - HANGOUT] Redhat doing fine
March 27, 2008, 8:34 pm
No Recession at Red Hat

By Steve Lohr

Red Hat, the Linux software company, gave a nice welcome present Thursday
to its new chief executive, James Whitehurst.

The company, which distributes Linux and other open-source software,
reported that its quarterly sales grew 27 percent and earnings slightly
surpassed analysts’ consensus estimate. The company also presented an
upbeat outlook for its just-started fiscal year, predicting growth of
another 30 percent. In after-hours trading, Red Hat shares rose nearly
5 percent.

Red Hat, based in Raleigh, N.C., has done the difficult — built a solid,
profitable business around open-source software. It charges its corporate
customers yearly subscriptions for its flavor of the Linux operating
system along with technical support and training. For its current fiscal
year, ending in March 2009, Red Hat expects sales to reach $665 million
to $680 million, above Wall Street projections, while earnings per share
should rise to 78 cents to 82 cents. The per-share number is a bit below
the consensus estimate, but that is more than explained by Red Hat’s
assumption that in a recessionary environment, interest rates will fall
further, reducing the income on the $1 billion in cash the company is
sitting on.

Mr. Whitehurst, who joined the company in January, said that in a
recession Red Hat should continue to gain ground, since open-source
software is regarded by many corporate customers as a lower-cost
alternative to proprietary products.

Red Hat has now established itself as a strong player in the corporate
software market. For a year, Oracle has tried to undercut Red Hat by
offering a similar version of Linux and charging less for technical
support. But it has made scant progress to date.

Red Hat certifies that 4,000 different software applications run on its
brand of Linux and has worked closely for years with all the significant
hardware vendors. “There’s a network effect there,” Mr. Whitehurst
said in an interview. “Oracle doesn’t have the ecosystem.”

Nor does anyone else have that kind of Linux-based ecosystem. It could
look attractive to enterprise software companies that increasingly seek to
offer corporate customers several layers in the so-called software stack
— an operating system, middleware, perhaps a database and applications
too. If the Red Hat ecosystem is valuable, it would also not be too
expensive at current prices. Its market capitalization is $3.4 billion, a
price tag that would be reduced substantially by that $1 billion in cash.

Oracle, Sun Microsystems, I.B.M., EMC (parent of VMware) and even Google
have been rumored as possible suitors. The recent flurry, to be sure,
is but the most recent round of rumors about Red Hat.

It is flattering to be mentioned, Mr. Whitehurst said, but he noted
that corporate customers and the industry benefit from what he called
Red Hat’s “Switzerland status” — not being a province of one of
the major powers in the technology industry.

--
http://www.mrbrklyn.com - Interesting Stuff
http://www.nylxs.com - Leadership Development in Free Software

So many immigrant groups have swept through our town that Brooklyn, like Atlantis, reaches mythological proportions in the mind of the world - RI Safir 1998

http://fairuse.nylxs.com DRM is THEFT - We are the STAKEHOLDERS - RI Safir 2002

"Yeah - I write Free Software...so SUE ME"

"The tremendous problem we face is that we are becoming sharecroppers to our own cultural heritage -- we need the ability to participate in our own society."

"> I'm an engineer. I choose the best tool for the job, politics be damned.<
You must be a stupid engineer then, because politcs and technology have been attached at the hip since the 1st dynasty in Ancient Egypt. I guess you missed that one."

© Copyright for the Digital Millennium

  1. 2008-03-04 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] EEE PC Revolution rolls on...
  2. 2008-03-04 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] IBM elinux machines in europe
  3. 2008-03-05 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] MacBeth
  4. 2008-03-05 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] EEE PC Revolution rolls on...
  5. 2008-03-09 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] WTC Progress?
  6. 2008-03-09 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] GNU High School
  7. 2008-03-10 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [nyc-at-workatjelly.com: Jelly Turns Two! Jelly in Manhattan this Friday, 3/14]
  8. 2008-03-11 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] NYLXS Spring Agenda - Meeting Result 3-4-08: Comments Requested
  9. 2008-03-11 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] NYLXS Spring Agenda - Meeting Result 3-4-08: Comments Requested
  10. 2008-03-11 Kevin Mark <kevin.mark-at-verizon.net> Re: [NYLXS - HANGOUT] NYLXS Spring Agenda - Meeting Result 3-4-08:
  11. 2008-03-12 swd <sderrick-at-optonline.net> Re: [NYLXS - HANGOUT] NYLXS Spring Agenda - Meeting Result 3-4-08:
  12. 2008-03-12 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] NYLXS Spring Agenda - Meeting Result 3-4-08: Comments Requested
  13. 2008-03-13 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] NYLXS Spring Agenda - Meeting Result 3-4-08: Comments Requested
  14. 2008-03-13 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] gNU in the store
  15. 2008-03-14 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [legcalendar-at-council.nyc.ny.us: Council Calendar - Week of 03.17.08]
  16. 2008-03-14 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] RIAA Ghestapo
  17. 2008-03-14 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] RIAA Ghestopo II
  18. 2008-03-15 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Tech Development in the US
  19. 2008-03-15 From: "Joshua Zeidner" <jjzeidner-at-gmail.com> Re: [NYLXS - HANGOUT] Tech Development in the US
  20. 2008-03-15 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Tech Development in the US
  21. 2008-03-15 From: "Joshua Zeidner" <jjzeidner-at-gmail.com> Re: [NYLXS - HANGOUT] Tech Development in the US
  22. 2008-03-15 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Time Zonea
  23. 2008-03-15 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Time Zonea
  24. 2008-03-15 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [nbs-at-sonic.net: [vox] [fwd] more publicity for the March 1 ACCRC - Untangle installfest]
  25. 2008-03-15 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: [nylug-talk] Benefits/drawbacks of building Linux as a package [was: Looking for recommendations on Linux Distro]
  26. 2008-03-16 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: [nylug-talk] Benefits/drawbacks of building Linux as a package [was: Looking for recommendations on Linux Distro]
  27. 2008-03-16 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: [nylug-talk] Benefits/drawbacks of building Linux as a package [was: Looking for recommendations on Linux Distro]
  28. 2008-03-16 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: [nylug-talk] Benefits/drawbacks of building Linux as a package [was: Looking for recommendations on Linux Distro]
  29. 2008-03-16 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: [nylug-talk] Benefits/drawbacks of building Linux as a package [was: Looking for recommendations on Linux Distro]
  30. 2008-03-16 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: [nylug-talk] Benefits/drawbacks of building Linux as a package [was: Looking for recommendations on Linux Distro]
  31. 2008-03-17 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] ID theft
  32. 2008-03-18 Paul Robert Marino <prmarino1-at-gmail.com> Re: [NYLXS - HANGOUT] Re: [nylug-talk] Benefits/drawbacks of building Linux as a package [was: Looking for recommendations on Linux Distro]
  33. 2008-03-19 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [nyc-at-workatjelly.com: jelly in brooklyn next friday 3-28-2008]
  34. 2008-03-19 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [frederick-at-nyu.edu: [free-culture] Invitation to ILI Colloquium on Net Censorship, Tue, March 25, 6:30pm]
  35. 2008-03-20 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [raj-at-brainlink.com: Brainlink is hiring. Can I post that on NYLUG?]
  36. 2008-03-20 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Frielich Um Purim
  37. 2008-03-20 ronny abraham <ronny.coder-at-gmail.com> Re: [NYLXS - HANGOUT] Frielich Um Purim
  38. 2008-03-20 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Frielich Um Purim
  39. 2008-03-20 ronny abraham <ronny.coder-at-gmail.com> Re: [NYLXS - HANGOUT] Frielich Um Purim
  40. 2008-03-20 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Frielich Um Purim
  41. 2008-03-20 Amy Coleman <acoleman-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Frielich Um Purim
  42. 2008-03-20 Amy Coleman <acoleman-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Frielich Um Purim
  43. 2008-03-20 From: "Michael L. Richardson" <mlr52-at-michaellrichardson.com> Re: [NYLXS - HANGOUT] Frielich Um Purim
  44. 2008-03-21 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: [nylug-talk] Benefits/drawbacks of building Linux as a package [was: Looking for recommendations on Linux Distro]
  45. 2008-03-21 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Frielich Um Purim
  46. 2008-03-23 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: [nylug-talk] [OT]Facebook app
  47. 2008-03-25 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [ruben-at-mrbrklyn.com: Re: Pharmacist Position on McDonald Avenue]
  48. 2008-03-26 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: April 3rd
  49. 2008-03-27 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  50. 2008-03-27 Mark Simko <msimko-at-optonline.net> Re: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  51. 2008-03-27 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [pshapiro-at-his.com: [Dclug] Asus releases SDK for Eee PC]
  52. 2008-03-27 ronny abraham <ronny.coder-at-gmail.com> Subject: [NYLXS - HANGOUT] linux and mp3s
  53. 2008-03-27 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Congestion Pricing Tax
  54. 2008-03-27 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Congestion Pricing Tax
  55. 2008-03-28 From: "Michael L. Richardson" <mlr52-at-michaellrichardson.com> Re: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  56. 2008-03-28 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [ruben-at-mrbrklyn.com: Re: April 3rd]
  57. 2008-03-28 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] mixer and videorecorder
  58. 2008-03-28 Mark Simko <msimko-at-optonline.net> Re: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  59. 2008-03-27 ronny abraham <ronny.coder-at-gmail.com> Re: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  60. 2008-03-28 Mark Simko <msimko-at-optonline.net> Re: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  61. 2008-03-28 From: "Ronny Abraham" <ronny.coder-at-gmail.com> Re: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  62. 2008-03-28 From: "Paul Robert Marino" <prmarino1-at-gmail.com> Re: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  63. 2008-03-28 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: Interview Request: Flyp Media on Linux and Open Source
  64. 2008-03-28 From: "Joshua Zeidner" <jjzeidner-at-gmail.com> Re: [NYLXS - HANGOUT] Re: Interview Request: Flyp Media on Linux and Open Source
  65. 2008-03-28 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: Interview Request: Flyp Media on Linux and Open Source
  66. 2008-03-28 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [legcalendar-at-council.nyc.ny.us: Council Calendar - Week of 03.31.08]
  67. 2008-03-28 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: Interview Request: Flyp Media on Linux and Open Source
  68. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: Interview Request: Flyp Media on Linux and Open Source
  69. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  70. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Perl MYSQL GNU Job
  71. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Jobs: Perl OOrientation
  72. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Jobs - Perl and Database Development
  73. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Jobs: Perl and IMAGEMAGIC
  74. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Job: Perl Website work
  75. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Perl Part Time Work
  76. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Yahoo Job - RHEL and Perl
  77. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Re: April 3rd
  78. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] GNU Market Share
  79. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Redhat doing fine
  80. 2008-03-29 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Non-Free aint Free
  81. 2008-03-29 From: "Michael L. Richardson" <mlr52-at-michaellrichardson.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  82. 2008-03-30 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  83. 2008-03-30 From: "Michael L. Richardson" <mlr52-at-michaellrichardson.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  84. 2008-03-30 From: "Michael L. Richardson" <mlr52-at-michaellrichardson.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  85. 2008-03-30 ruben-at-mrbrklyn.com Subject: [NYLXS - HANGOUT] freedom-it photos
  86. 2008-03-30 ronny abraham <ronny.coder-at-gmail.com> Re: [NYLXS - HANGOUT] GNU Market Share
  87. 2008-03-30 ronny abraham <ronny.coder-at-gmail.com> Subject: [NYLXS - HANGOUT] fstab and macbook
  88. 2008-03-30 From: "armando fonseca" <afonsec2-at-gmail.com> Re: [NYLXS - HANGOUT] fstab and macbook
  89. 2008-03-30 ronny abraham <ronny.coder-at-gmail.com> Re: [NYLXS - HANGOUT] fstab and macbook
  90. 2008-03-30 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  91. 2008-03-30 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  92. 2008-03-30 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] Books that mention NYLXS
  93. 2008-03-30 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] rewriting history
  94. 2008-03-31 Kevin Mark <kevin.mark-at-verizon.net> Re: [NYLXS - HANGOUT] fstab and macbook
  95. 2008-03-31 From: "Michael L. Richardson" <mlr52-at-michaellrichardson.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  96. 2008-03-31 From: "Michael L. Richardson" <mlr52-at-michaellrichardson.com> Re: [NYLXS - HANGOUT] rewriting history
  97. 2008-03-28 ronny abraham <ronny.coder-at-gmail.com> Re: [NYLXS - HANGOUT] Re: Linux ready for the home desktop?
  98. 2008-03-31 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  99. 2008-03-31 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  100. 2008-03-31 Ruben Safir <ruben-at-mrbrklyn.com> Subject: [NYLXS - HANGOUT] [events-at-flaggmgmt.com: Show and Conference tomorrow. 2008 Linux/Open Source, April 1, Roosevelt Hotel.]
  101. 2008-03-31 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] Re: April 3rd
  102. 2008-03-31 Ruben Safir <ruben-at-mrbrklyn.com> Re: [NYLXS - HANGOUT] fstab and macbook
  103. 2008-03-31 From: "Paul Robert Marino" <prmarino1-at-gmail.com> Re: [NYLXS - HANGOUT] fstab and macbook
  104. 2008-03-31 From: "Michael L. Richardson" <mlr52-at-michaellrichardson.com> Re: [NYLXS - HANGOUT] Re: April 3rd

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