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There Is No Oracle Linux
Repeat after me: “There is no Oracle Linux.” I don’t care how many times you hear stock analysts say that Oracle is about to launch its own Linux. It’s just not going to happen. The latest example of wishful thinking comes from Jefferies & Co. analyst Katherine Egbert, who wrote on October 13, “Our independent […]
Repeat after me: “There is no Oracle Linux.” I don’t care how many times you hear stock analysts say that Oracle is about to launch its own Linux. It’s just not going to happen.
The latest example of wishful thinking comes from Jefferies & Co. analyst Katherine Egbert, who wrote on October 13, “Our independent checks in the past two weeks indicate that Oracle seems to be close to introducing its own software ‘stack.'”
Jefferies, an investment bank, then cut its price target on Red Hat from $24 to $21.
Red Hat’s stock price then fell more than 7 percent that day. Since then it’s been continuing to fall.
This is, by my count, the third time that the “Oracle is going to come out with its own Linux” rumor has surfaced. And, of course, there have been variations on the theme, such as: Oracle is going to buy Red Hat, Novell or Ubuntu.
Read the full story on Linux-Watch: There Is No Oracle Linux
Check out eWEEK.com’s for the latest open-source news, reviews and analysis.
