[lug] Red Hat $ 217/share long or short?

[Cory Dekker]

Actually, it opened at $14, and hit $45 in the first 45 minutes of trading.

The flury of activity over the past 2-3 weeks, especially including the
findings of the judge in the DOJ-Microsoft lawsuit, it's jumped from
around $70-$80 to over $200.

                                                        -Cory


Rob Mohr wrote:

> I am stupid.  Linux is free.  Yes, multiple distributions.  Why or what in
> the market is bidding Red Hat to $ 217 per share?  Is it going to stay at
> that level?
>
> Sure it was offered as an ipo at what $ 60?  But is there a rationale to
> short this stock, ie to buy a put?
>
> I thought Linux is a free OS.
> eof
>
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