[CLUE-Talk] Red Hat NOT going out of business...
Kevin Cullis
kevincu at orci.com
Fri Dec 15 16:08:24 MST 2000
Grant Johnson wrote:
>
> Red Hat is doing better than expected due to expanding demand.
>
> BTW, MS is doing worse than expected due to soft demand for Win 2K and
> Office 2K. If they had used accepted and legal accounting methods last
> year, they would have posted a $2Bil loss rather than a $7Bil
> profit. Their not acounting for stock options as an expense when used to
> compensate employees is illegal, as well as their "cookie jar" accounting
> practices. Let's not let anyone in the Linux sector try this stuff. If
> they do, make sure that we call them on it. We need continued realism to
> make the long haul. Financial troubles at the competition, and results
> better than expected at the Linux firms can only be the beginning of the
> end for the concept of closed API's. There are times when closed source
> may make commercial sense, but closed API's and intentionally not working
> with competitor's software can never be good in the longer term.
>
> http://www.infoworld.com/articles/hn/xml/00/12/15/001215hnredloss.xml
>
I agree. The Firestone issue is when ethics go bad, not when processes
don't produce good products. Eventually, trust is lost and takes a long
time to recover.
Kevin
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