Slashdot Log In
"LinuxOne" files for an IPO
Posted by
CmdrTaco
on Wed Sep 22, 1999 04:53 PM
from the who-are-these-guys dept.
from the who-are-these-guys dept.
ColPanek writes "Surprise: The newest planned Linux-related IPO is not VA Linux Systems or LinuxCare, but a company called LinuxOne, which apparently has been shipping its own distro since way back in September 1999 ... This summary of their preliminary prospectus says LinuxOne didn't disclose any underwriters for the proposed offering."
This discussion has been archived.
No new comments can be posted.
"LinuxOne" files for an IPO
|
Log In/Create an Account
| Top
| 161 comments
(Spill at 50!) | Index Only
| Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
(1)
|
2
(1)
|
2
quick get the bandwagon (Score:4)
Let's see... (Score:5)
... Company has existed since March, 1999.
... Their web site is a total joke.
... Their web server is a stock Red Hat Linux box. They don't even serve their pages off their own alleged Linux distribution.
... Despite their claim of being a US company, linuxone.com is registered to some outfit in Austria.
... Despite their so-called "free download", they will ask people for $9.95.
... Their order page is a ... BWAAAAAAHAHAHAHA ... a formmail CGI script. I'll bet a lot of people are perfectly comfortable sending their credit card number over the Internet in clear text.
If this isn't a big joke, I don't know what is.
--
The part I like is ... (Score:3)
WebCoder Extraordinaires (Score:3)
www.
LinuxOne.net
Give me a break!
The company is located 3 miles from my house... I'll swing by tonight and see if it's a Mailboxes, etc. address. I can tell you that it's right on the rail road tracks... prime real estate!
Sunnyvale City Councilman involved in this sham? (Score:3)
Go click on the About LinuxOne [linuxone.net] on the cheesy website.
Now go visit the Sunnyvale City Council [sunnyvale.ca.us] webpage and a certain one Mr. Stan Kawczynski's bio [sunnyvale.ca.us]
Curious that an elected government official would be engaging in this kind of activity. True, there's nothing illegal here. But it sure smells funny...
For those of you who don't know, Sunnyvale [sunnyvale.ca.us] is the "heart of Silicon Valley"[tm] (their words, not mine)
Jason "former Sunnyvale resident" UntulisTalkback on LinuxToday (Score:4)
Read this:
"I really get sick of all the "SMUG KNOW-IT-ALL" attitude comming from some of the members of the LINUX Community! If you'd do a little research before confirming the opinion of some the folks watching the Linux Commununity (bunch of pimply faced teenagers), you'd know that LINUXONE is doing a Chinese translation of LINUX MANDRAKE Distro for the main-land Chinese market. A huge and very worth-while and possibly very lucritave endeavor. Before you run your mouth, ENGAGE YOUR BRAIN!
Keep in mind: YOU ALWAYS FIND THE MOST STICKS AND STONES UNDER THE TREE WITH BEST APPLES ON IT!
Regards,
George"
Looks like they have managed to find some hardcore fans on the first day..this is even more ridiculous...
Re:Let's see... (Score:4)
Still fubar tho.
The owner is probably a spammer (Score:4)
This is pretty funny.
--
Re:I called him... (Score:3)
Founder seems kind of shady (Score:5)
This sounds like a baaaaaad investment to me...
Fascinating Tidbits... (Score:4)
2) The page was written in Frontpage, or atleast some of the subtle hints, for instance, in the source there is a charset/content type tag, any webmeister who knew these tags existed yet still made such a crappy page could only be doing it in FP, which inserts such tags into any page by default.
3) The webserver they are running isn't Apache, atleast, according to Netcraft [netcraft.com], which says it's running "inetd in realloc(): warning, junk pointer too low to make sense"
4) According to the InterNIC whois database, the man who registered Linuxone.net has an address at Netusa.com, a man who can't set up sendmail is going to build a Linux distro worth 28,000,000? Hmmm...
"If you don't use windows then what do you use?"
"FreeBSD."
Life Imitates The Simpsons (Score:3)
On a semi-serious note: two things could happen if the SEC actually lets these guys offer stock.
1) Nobody buys it, the IPO tanks, and Wall Street has a slightly lower opinion of upcoming IPOs like VA and LinuxCare.
2) Morons (see: mutual fund managers) buy a ton of LinuxOne stock, remembering the word "Linux" from a Red Hat press release and noticing the three digit share price next to RHAT. In three months when the earnings report is released with the entries "Income: Allowance $20 / Expenses: Kegger $4,329", the stock plummets. At that point, the Wall Street hive mind concludes "Huh, that Linux fad sure ended quickly". After that, VA or LinuxCare might not be able to get together ANY sort of IPO.
Open question to anyone with a background in finance: Are there any rules about what companies can and can't be publicly traded? Is it one of those capitalist "let the market decide" kind of deals?
Will LinuxOne be sending out "The Letter II"?
-Barry