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Thread: Red Hat Moves to NYSE

  1. #1

    Default Red Hat Moves to NYSE

    Red Hat today has moved to the NYSE from the NASDAQ.

    Anyways, here's a few articles about the move:

    I spoke with Dion Cornett, VP of Investor Relations, Red Hat, this morning. As you may have heard, Red Hat is moving from the NASDAQ to the New York Stock Exchange (NYSE), starting tomorrow (December 12). It's a big move with big implications for open source, and I wanted to get more information on the reasons behind the move.
    http://weblog.infoworld.com/openreso...at_on_the.html

    It's a Red Hat day in New York. Red Hat CEO Matthew Szulik will ring the bell to open the NYSE while a big red hat sits out front. Welcome to the NYSE.

    The NYSE will be going all out to market the arrival of Red Hat on the big board. The exchange will adorn its fašade with a 10-foot fedora, light up Times Square with Red Hat's logo and place ads on New York City taxicabs and investor publications.
    http://www.internetnews.com/bus-news...le.php/3648386

    P.S.: It was very interesting / comical listening to the CNN reporters with Red Hat as the opening bell rang... They really didn't know much about Red Hat itself, other than they liked their logo and the Fedoras.

  2. #2
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    Does anyone know of some type of open source investment fund? I don't plan on investing much of my money in the stock market at this point, but I think it would be cool to invest something in companies that are on the right side of Linux and open source as an initial starting point. RHEL would be at the top of this list from what I can see, but after that my knowledge of similar companies that are publicly traded is slim... this is where some type of fund that would invest in the best-performing companies who meet some type of open-source or Linux standard would really help.

  3. #3

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    Quote Originally Posted by joshuapurcell View Post
    Does anyone know of some type of open source investment fund? I don't plan on investing much of my money in the stock market at this point, but I think it would be cool to invest something in companies that are on the right side of Linux and open source as an initial starting point. RHEL would be at the top of this list from what I can see, but after that my knowledge of similar companies that are publicly traded is slim... this is where some type of fund that would invest in the best-performing companies who meet some type of open-source or Linux standard would really help.
    Great question! Unfortunately I know of no mutual fund where its holdings are primarily open-source companies. Though I haven't dug to deep into looking for a pure open-source mutual fund in a while. If you're brand new to investing you may want to check out www.vanguard.com and www.morningstar.com Some individual companies you may want to invest in would be Red Hat, MySQL, IBM, etc... (and Novell if you still support them).

  4. #4
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    With the recent new news of MySQL's IPO (link), I thought I'd share some information I found regarding Open Source IPOs after following some links. This bit of information is exactly what I was asking for earlier in this thread a couple of weeks ago:
    http://www.businessreviewonline.com/...set_to_jo.html
    http://www.businessreviewonline.com/...f_history.html

  5. #5

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    Quote Originally Posted by joshuapurcell View Post
    With the recent new news of MySQL's IPO (link), I thought I'd share some information I found regarding Open Source IPOs after following some links. This bit of information is exactly what I was asking for earlier in this thread a couple of weeks ago:
    http://www.businessreviewonline.com/...set_to_jo.html
    http://www.businessreviewonline.com/...f_history.html

    Interesting, good find. So are you going to invest in MySQL

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