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Story: Red Hat falls on analyst's downgradeTotal Replies: 1
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TxtEdMacs

Nov 16, 2005
3:08 AM EST 		I read this last night, the downgrade is simply saying the stock reached its reasonable value range. Moreover, he still thinks the long term prospects are good. I was a bit perplexed earlier when the stock price exceeded $22.

Once more herd thinking in action: panic.
tuxchick

Nov 16, 2005
7:08 AM EST 		when i worked at Tektronix lo so many years ago, before the dotcom crash, one of the VPs was all excited over participating in the "Linux IPO." Of course I asked, er, which Linux? He had absolutely no clue that the actual company he bought stock in was Red Hat.

I don't mean this as a slam on Tektronix. It's a good company chock full o smart people. It just amazed me that anyone would be that uninformed with their investments.

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