Linked by Thom Holwerda on Thu 11th Oct 2007 21:38 UTC, submitted by Rahul
Red Hat Red Hat is taking a business-as-usual stance in the face of renewed rumblings from Microsoft's Steve Ballmer over the need for Red Hat Linux users to pay up. Ballmer has repeatedly claimed that Microsoft IP is found in Linux. "People who use Red Hat, at least with respect to our intellectual property, in a sense have an obligation to eventually compensate us," said Ballmer at a Microsoft event last week in London. But Red Hat itself has adopted a stance that keeps it above the Microsoft patent fray. "At this point, please reference our previous statements on this topic," said a Red Hat spokesman contacted Tuesday about Microsoft's statements on Red Hat Linux users. The spokesman pointed out a Red Hat blog posted "after the last FUD statements from Microsoft" in May, she said. Shuttleworth agrees.
Thread beginning with comment 277752
To read all comments associated with this story, please click here.
Kudos to RedHat for showing good style
by britbrian on Thu 11th Oct 2007 22:06 UTC
Member since:

Not being goaded by Ballmer must be pissing him off even more. No need to worry when business is growing every quarter very nicely.
Somehow I don't see Ballmer's rumored prediction they'll being eating out of dumpsters in two years coming true ;)

Edited 2007-10-11 22:08

Reply Score: 3

jayson.knight Member since:

"No need to worry when business is growing every quarter very nicely"

Business is growing? Their stock has remained flat for the past year, in what warped economics sense is that growing?

Reply Parent Score: 1

Rahul Member since:

Just maybe because the profits are increasingly quite nicely year over year?

Reply Parent Score: 8

JonathanBThompson Member since:

It's a weird misconception people have that "stock price=accurate statement of well-being/profitability" because all a stock is worth after people buy the stock via the IPO is towards some small share of the company, the voting rights that may/may not go along with it (depending on the details of the stock) and possibly, if the company desires, the dividends handed out of the quarterly or yearly profits.

Having looked briefly at Red Hat's latest financial filings, I would very much like to have my personal financial picture "die" so horribly, regardless of what the outside world otherwise thinks of my future prospects. All a stock price is, once you remove the meaning as stated above as it relates to reality, is a measure of faith of what people believe it's actually worth. Where this could actually become a problem is if you're a profitable business that people don't put a high enough value on the stock, and then outsiders that are wise enough to realize what they're looking at say, "Oh, goody! Pure profit!" and buy out the company, and usually changing how things are done, often to the detriment of the newly-acquired company. Beyond that sort of worry, a stock price means almost nothing.

Reply Parent Score: 8

britbrian Member since:

From the article
"If Red Hat takes alarm and responds to the Microsoft assertions, it will fan the fears, uncertainty and doubt that Microsoft is hoping to exploit with its statements. As it adds 10,000 customers a quarter, Red Hat must concentrate on executing its own business strategy and not get distracted by the assertions of competitors, he added."
is the sense I was referring to.

However my main point was they are not getting goaded by Ballmer

Reply Parent Score: 3

spikeb Member since:

stock is not growth, or anythign else. redhat's stock has always been relatively stupid compared to their actual business numbers.

Reply Parent Score: 4

MamiyaOtaru Member since:

MSFT stock has been relatively flat since 2000 (compared to its performance before especially). Next you'll tell me their business isn't growing either?

Reply Parent Score: 5