Who wrote that tripe, Bill Gates, their "shadow investor"?
What a perfect justifications for M$'s attacks on Open Source/
GNU ... and at the right moment too ... disturbingly convenient.
Redhat just reminded me of one of the reasons, besides apt-get
versus RPM, that I chose a Debian-based distro.
Gag me with a whole serving set!
Doc
----- Original Message -----
From: "Bill Preece" <savatage@mindspring.com>
To: <slug@nks.net>
Sent: Thursday, May 10, 2001 1:36 PM
Subject: [SLUG] Not so encouraging news from Red Hat
>
> I was checking stock quotes on several companies I checked rhat to see how
> redhat was doing.
> I read the company news section and this was there.
>
> RISK FACTORS
> You should carefully consider and evaluate all of the information in this
> prospectus, including the risk factors set forth below and the documents
> incorporated by reference into this prospectus, before investing in the
> shares being offered.
>
> Risks Related to our Linux-based Open Source Business Model
> Our open source software business model is unproven.
>
> We have not demonstrated the success of our open source business model,
> which gives our customers the right to freely copy and distribute our
> software. No other company has built a successful open source business.
Few
> open source software products have gained widespread commercial acceptance
> partly due to the lack of viable open source industry participants to
offer
> adequate service and support on a long term basis. In addition, open
source
> vendors are not able to provide industry standard warranties and
indemnities
> for their products, since these products have been developed largely by
> independent parties over whom open source vendors exercise no control or
> supervision. If open source software should fail to gain widespread
> commercial acceptance, we would not be able to sustain our revenue growth
> and our business could fail.
>
> I sincerely hope that this changes pretty quickly.
>
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