Freitagabend Kauf "Red Hat" zu 9,90? / FSE
Parocorp : Freitagabend Kauf "Red Hat" zu 9,90? / FSE
hier noch 2 ad hocs:
BREAKFAST WITH THE FOOL
Red Hat Is Red Hot
By Mike Trigg (TMF Tonto)
December 15, 2000
Upon the market's close yesterday, open source software provider Red Hat Inc. (Nasdaq: RHAT) was like a "red-hot chili pepper" when it reported better-than-expected earnings, which indicate the company hasn't felt any adverse affects of the PC slowdown. The company's announcement was highlighted by strong top-line growth and an improved gross margin, propelling it toward profitability in the second half of next calendar year.
The Durham, North Carolina-based Red Hat reported a fiscal third-quarter (ended November 30) net loss -- excluding onetime items -- of $900,000, or $0.01 per share, compared to a loss of $5.5 million, or $0.04 per share, in the comparable period one year ago. The Street consensus expected a loss of $0.02 per share. Revenues grew to $22.4 million from $10.5 million in the year-ago period. That represented 112% and 21% year-over-year and sequential growth, respectively. The company's strong top line is a good indicator of the commercial acceptance for its Linux solutions.
"We are seeing increasingly strong demand for Red Hat leadership solutions," said Red Hat President and CEO Matthew Szulik in a prepared release. "Solid results are being driven by customers consolidating their Unix technologies to Red Hat Linux, increased demand from device manufacturers, and continued execution of a solid business model."
Last night's results are particularly impressive considering the ongoing PC slowdown. In recent weeks, a string of PC-related companies have issued earnings warnings, including Intel (Nasdaq: INTC), Compaq (NYSE: CPQ), and most recently Microsoft (Nasdaq: MSFT). In the conference call last night, management insisted that the company is benefiting from a plethora of companies looking to Linux in order to reduce their cost of ownership. The Linux operating system (OS) is open source and available for little, if any, cost.
However, with only 4% of desktop computers Linux-based, compared to 87% running Microsoft software, commercial acceptance is an uphill battle. Hence, the company has attacked new growth avenues, such as the embedded software market. Embedded operating systems are invisible to the end user, traditionally powering things like robots and radar systems. However, as computing resources expand past personal computers to newer devices -- like handheld computers and kitchen appliances -- a significant opportunity exists. In the recent quarter, the company landed several embedded wins, including a $1 million contract to power the Samsung line of low-power chips.
Nevertheless, not all of the news was positive for Red Hat. In fact, a CNET News.com article quoted an analyst from ABN AMRO that voiced concerns over the Red Hat Network and customers' willingness to pay for the system. The Red Hat Network is an Internet-based service allowing customers to develop, deploy, and manage multiple software platforms, which provides real-time innovation and increases a businesses time-to-market cycle. Over the next several quarters, this will be an important part of Red Hat's business to monitor.
Overall, Red Hat reported a solid quarter and is on track to profitability. The company's efforts in this area are apparent, exhibited by its noteworthy gross margin improvement. In the recent quarter, gross margins improved to 60%. However, check out this sequential progress: 41%, 47%, 54%, 57%, and 60%. According to the company, it will reach profitability by the end of the second quarter next year, which ends August 31.
Rating: BUY (We anticipate the stock will outperform its peer group over the next 12 months.)
Sector: Open Source and Pervasive Computing
Price Target: $15
RHAT: FQ3:01 Results In Line; Maintain Buy with 12-Month Price Target of $15
Prakesh Patel comments on Red Hat's FQ3:01 in-line results, revises estimates, and maintains Buy. Despite the current market environment, Red Hat management is confident that demand for Linux is continuing to grow rapidly. We believe that Red Hat's continued revenue growth will be driven by the consolidation and migration of legacy UNIX systems to Red Hat Linux, increased acceptance of Open Source Solutions by enterprise customers, and the growing demand for Open Source solutions by embedded device manufacturers. We maintain our Buy rating with a 12-month price target of $15.
To view the report online, click here:
Parocorp : red hat räumt awards ab ! :o)
Red Hat and Their End-to-End Solutions Sweep Product and Corporate Awards In 2000
Recent Recognition at COMDEX Fall 2000 Wraps Up Award-Winning Year for Open Source Internet Infrastructure Leader
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Dec. 18, 2000-- Red Hat, Inc. (Nasdaq:RHAT - news), the leader in developing, deploying and managing open source Internet infrastructure, today announced that it received several prestigious awards from leading industry publications and recognition at industry tradeshows in the year 2000. From Red Hat embedded technologies to the Red Hat Linux OS to Red Hat Stronghold Secure Web Server, these awards highlight the growth of the Red Hat product line to provide customers a complete open source end-to-end solution.
Most recently, RedBoot, one of Red Hat's embedded technologies, was Linux Journal's ``Editor's Choice'' at COMDEX Fall 2000 in Las Vegas, Nevada. In addition, Source-Navigator was named ``Best of Show'' in the business application development tools category at the COMDEX Linux Business Expo.
The Red Hat Linux operating system also garnered widespread industry praise in the year 2000, winning Network Magazine's ``Product of the Year'' award and Computer Reseller News Test Center's ``Editors' Choice'' award for the 6.2 Professional Edition. In this comparative review, Red Hat received straight A's in separate categories, with an overall rating of A+.
Additionally, Linux Magazine named Red Hat Linux 6.2 an ``Editor's Choice'' for server distribution, and Red Hat received ``Best Distribution'' for the third consecutive year at the LinuxWorld Conference & Expo in San Jose, California.
Finally, Red Hat Stronghold Secure Web Server received a four-star (out of four) rating from InternetWeek, and Linux Magazine chose Red Hat Stronghold Secure Web Server 3 as their 2000 ``Editor's Choice'' for Web servers.
``Our customers want a single source for complete solutions to build out their Internet infrastructure, and Red Hat continues to broaden its product offerings to deliver comprehensive solutions around a common platform, Red Hat Linux,'' said Matthew Szulik, president and CEO of Red Hat, Inc. ``With powerful and secure Web servers, embedded technologies and the complete chain of development tools to connect devices to the Internet, Red Hat is the single point of contact for open source solutions to develop, deploy and manage Internet infrastructure.''
Red Hat has also received corporate recognition during the past year, including its recent naming to the Standard 100, powered by Epoch Partners, the premiere stock index tracking the Internet Economy. Red Herring also named Red Hat one of the ``Top 50 Public Companies'' in the Red Herring 100, an annual profile of leading public and private companies.
To learn more about the complete end-to-end open source solutions from Red Hat, please see http://www.redhat.com.
Red Hat, Inc.
Red Hat (Nasdaq:RHAT - news) offers users one single, trusted point of contact and a common plaform for developing, deploying and managing open source across Internet infrastructure and devices that connect to the Internet, ranging from small embedded devices to high availability clusters and integrated Web server/ecommerce OSes. And the Red Hat Network, Red Hat's unique management technology, helps companies worldwide easily manage it all by delivering open source products, service, support and information on-line in real-time.
In addition to the award-winning Red Hat Linux server operating system, Red Hat offers Stronghold Secure Web Server and Credit Card Verification Software for secure e-commerce and is the principal provider of GNU-based developer tools and support solutions for a wide variety of embedded processors. Red Hat also provides run-time solutions such as Linux, eCos, uClinux, the award-winning RedBoot, custom engineering services, support and training to organizations in all embedded and Linux markets.
Red Hat is headquartered in Research Triangle Park, N.C. and has offices worldwide. Please visit Red Hat on the Web at www.redhat.com. For investor inquiries, contact Lippert/Heilshorn at (212) 838-3777.
LINUX is a trademark of Linus Torvalds. RED HAT is a registered trademark of Red Hat, Inc. All other names and trademarks are the property of their respective owners.
Forward-looking statements in this press release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this press release that are not strictly historical statements, including, without limitation, management's plans and objectives for future operations, and management's assessment of market factors, constitute forward-looking statements which involve risks and uncertainties. These risks and uncertainties include, without limitation, product plans and performance, the ability of Red Hat to attract users to redhat.com, the lack of demonstrated widespread acceptance of e-learning as an effect training tool, reliance upon strategic relationships, management of growth, the possibility of undetected software errors, the risks of economic downturns generally, and in Red Hat's industry specifically, the risks associated with competition and competitive pricing pressures, the viability of the Internet, and other risks detailed in Red Hat's filings with the Securities and Exchange Commission, copies of which may be accessed through the SEC's Web site at http://www.sec.gov.
Red Hat, Inc.
Schwartz Communications for Red Hat
Bryan Scanlon/Brian Willinsky
Parocorp : jemand aus der IT-szene hier ? need help !
Linus : Warum sollte es von der Börse honeriert werden...
Gruenspan : Alles schön und gut mit Red Hat aber
fosca : Linux
Allerdings kenne ich kaum Leute, die in diesem Bereich Red Hat nutzen. Ich persoenlich wuerde fuer diese Zwecke Debian voziehen.
Fuer Anfaenger ist Caldera sehr gut geeignet, SUSE liefert die meiste Software mit, ist aber sonst ziemlich bescheiden usw.
Also, erstens kann man sich Linux kostenlos aus dem Netz ziehen und zweitens gibt es jede Menge Anbieter.