Red Hat tells Wall Street it wants Main Street
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Commercial Linux distributor Red Hat hosted its annual analyst day in New York today, and as Wall Street continues to hemorrhage, the company couldn't have picked a gloomier time for the occasion. But harsh economic conditions tend to accelerate technology shifts, so the top brass at Red Hat were a pretty chipper bunch as they explained to Wall Street how they intend to make money in the coming years. Those in attendance were probably just grateful to have something else to listen to and talk about, and more than a few were probably reminiscing about the killing they made when Red Hat went public so gloriously little more than nine years ago.
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