Amazing << Hear this. Feel this, and tell me that this isn't music.
Oh, dear...
Posted on 07/18/2009 10:41:30 AM PDT by Salo
Standard and Poor’s announced that Red Hat would join the S&P 500 as of the close of trading on Friday. Red Hat replaces lender CIT Group, which had a market capitalization below $275 million, ranking it 500th in the index.
The market seemed to like the S&P news. In after hours trading Friday, Red Hat was up 8.45 percent to $22.34.
Red Hat, the fast-growing provider of open source software solutions to enterprise customers, will be added to the S&P 500 GICS (Global Industry Classification Standard) Systems Software Sub-Industry index.
The company has been aggressively pursuing new opportunities to help companies interested in Linux and open source adoption including the latest trend toward cloud computing.
Red Hat recently announced a cloud certification program and enlisted Amazon as a partner.
Pings.
Linux is free, right?
The software is free. But there is a fee placed on the knowledge of how to implement it. Similar to a financial advisor.
A company like Fidelity doesn’t sell anything except the ability to organize the stuff you already own.
Great news!
Just received a stock class-action lawsuit sign-up for my long lost Red Hat stock I bought back in the 90s when they went public. Maybe I should have held on to it, but 10 years is a long time to wait for a tech stock to rebound from the cellar.
So is dirt but money is still made from it.
The short answer is, yes. But only in unmodified form. Some developers choose to release their modified work licensed under the Gnu public license also, making it free.
You can also sell it (it being anything created with OpenSource code), but, there are many stipulations. You can also burn copies of a publicly released open source application onto portable media, and sell the MEDIA.
It has gotten more complicated over the last 10 years, for sure.
That is a one of the best answers I’ve ever seen. LOL
Thank you! :-)
And somewhere Iggle is crying into his Boone’s Farm....
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