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

Online Scams Up, Credit Card Hacks Down

Consumers face a rising threat of online rip-offs, but they may be worried about the wrong thing more »

A centralized MMS system

Nokia's MMS Solution Enables TeliaSonera's pan-Nordic Multimedia Messaging Launch more »

Gartner: IT services revenue to grow

Companies will spend slightly more on IT services in 2003 than last year more »

North Korea's School for Hackers

In North Korea's mountainous Hyungsan region, a military academy specializing in electronic warfare has been churning out 100 cybersoldiers every year for nearly two decades more »

search.lt news

search.lt presents newest links more »

Computer Crime Losses Drop Significantly

Financial losses from computer crime are down significantly from last year according to the latest Computer Crime and Security Survey more »

College plans virus-writing course

While many students would be expelled from their computer science programs for writing a virus, the University of Calgary plans to make writing such malicious programs a part of the curriculum more »

Danish prince celebrates 35 with Web site

hkhkronprinsen.dk - a personal Web site of Danish Crown Prince Frederik more »

724 wins messaging upgrade in Estonia

724 Solutions announced Radiolinja Eesti of Estonia will upgrade its messaging gateway to 724’s X-treme Mobility Gateway (XMG) more »

The front runner

EURID will manage .eu top-level domain more »