Growing demand

Published: 23 December 1999 y., Thursday
This election season_s flock of presidential hopefuls could learn a lot by watching how CEOs of high-tech companies spin bad news into sunshine. The latest virtuoso performance came earlier this week, when Red Hat president and CEO Matthew Szulik commented on his company_s unexpectedly wide loss of $3.5 million (US$) in its third quarter. According to Szulik, "An increase in global demand for Red Hat Linux, an increase in the need for services from corporate accounts, an increase in the contribution of Red Hat_s global offices, and an increase in the demand for the content and customers of Redhat.com" were contributing factors. "Red Hat continues to scale its global capabilities to meet the growing demand for Red Hat products, services and information," he added.
Šaltinis: E-Commerce Times
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Microsoft Demos Palladium Security

Users of Microsoft's forthcoming security software will have the ability to turn its protection on and off at will, the company says more »

HP Adds SpamSubtract to New PCs

Computer maker Hewlett-Packard has joined the fight against unsolicited e-mails, announcing plans to pre-load anti-spam software from Mass.-based interMute, Inc. on the newest lines of HP Pavilion and Compaq Presario desktops more »

Radio Goes Digital

Broadcast Medium to Offer Better Sound and New Features more »

search.lt news

search.lt presents newest links more »

W3C, Unicode move to head off character clash

The Unicode Technical Committee and the World Wide Web Consortium's (W3C) Internationalization Working Group jointly issued a technical report Friday that clarifies areas of conflict between the two standards more »

Majority support referendum for EU changes

Finns reject proposal for EU President more »

At Last, the Web Hits 100 MPH

The spread of broadband may finally allow the Net to reach its full commercial potential -- and change the way people live more »

A central concern

DOJ Net Surveillance Under Fire more »

PeerEnabler

KaZaA founders to 'borrow' your PC to distribute content more »

Credit insurers launch internet service

Credit insurer Lietuvos Draudimo Kreditu Draudimas launches an internet service aimed at companies which insure against customer insolvency more »