Preserved Topic: RHAT - Worth the buy? $Pages that link to <a href="https://ozoneasylum.com/backlink?for=16618" title="Pages that link to Preserved Topic: RHAT - Worth the buy?" rel="nofollow" >Preserved Topic: RHAT - Worth the buy?\$

Author	Thread
Jestah Maniac (V) Mad Scientist From: Long Island, NY Insane since: Jun 2000	posted 06-17-2002 22:19 After our recent 'Good investment' thread I've spent some time over the weekend re-evaluating my portfolio and talking to family members. Now I've been following RedHats recent moves and I was curious at just under $6 a share, do any of you investors out there believe its worth the buy? Do you think it hit its prime and will never go back again. All opinions welcome. -Jestah Cell 277
Veneficuz Paranoid (IV) Inmate From: A graveyard of dreams Insane since: Mar 2001	posted 06-18-2002 00:12 Why buy it when you can download it for free Seriously I think it might not be such a bad call to buy some RedHat(or any other big Linux company) stock now. The precentage of Linux's used is increasing, at least server side, and some of the big companies are starting to cooperate on some big projects that can turn into a lot of money if they don't screw it up. And even if you don't earn anything on the stock I doubt you will loose that much either. But considering that I have never done any stock trading I wouldn't take a word of what I just said to be true if not at least a couple of other more trustworthy people share the same opinion _________________________ Anyone who has lost track of time when using a computer knows the propensity to dream, the urge to make dreams come true and the tendency to miss lunch. - copied from the wall of cell 408 -
Jestah Maniac (V) Mad Scientist From: Long Island, NY Insane since: Jun 2000	posted 06-18-2002 01:06 It's all about support. That's where the money is today. -Jestah Cell 277
ShootingStar Maniac (V) Inmate From: Kanada Insane since: Mar 2002	posted 06-18-2002 01:35 Jestah? Playing the market now? lol. At that price i.e. 5-6 bucks the stock will move up or down "on news". Good news will make it soar....bad news will make it dive. tough decisions! good luck
DocOzone Maniac (V) Lord Mad Scientist Sovereign of all the lands Ozone and just beyond that little green line over there... From: Stockholm, Sweden Insane since: Mar 1994	posted 06-18-2002 02:58 Actually, I was reading about one of the only IT sectors to have experinced consistent growth through these tough times, and things seem to indicate that it will continue in this manner. This is the Game Sector, specifically console game companies like EA, Activision, Sega, etc... Check the full article at Forbes, it sounded good... http://www.forbes.com/2002/06/14/0614games.html The thing to remember is this, while you can make good money on the stock market, you can also get reamed up the butt. The same can be said for Las Vegas casinos, with good reason. For this reason it's never wise to bet everything you have on one roll of the dice, and only gamble what you can afford to lose. The people who work the stock market for a living know people you don't know, and hear things you'll never hear (until it's too late!) Do your research, but best at the start to just "dabble" until you get a feel for what kind of news is going to make things go one way or the other. On a personal note, I gotta say, good for you, Jestah! I started sinking my extra money into the market back when I was about 25, through a broker, letting them pick me nice safe growth stocks. This last year I finally had to start tapping some of those funds for survival purposes, and man! Am I happy I started saving then! These last few months could have been painful, instead they were nearly a vacation. :-) Perhaps if I had followed my money more closely I could have turned it into even more than it is, but I guess I could have also piddled it away, heh. The best investments weren't obviously good until I looked back at them 4-5 years later, this is a slow game. Good luck to you! Your pal, -doc-
RammStein Paranoid (IV) Inmate From: cEll 513, west wing of the ninth plain Insane since: Dec 2000	posted 06-18-2002 03:02 my only advice .. think long term! that is if your young Click on the Image to go to the Recycling Center .::. cEll .::. 513
Jestah Maniac (V) Mad Scientist From: Long Island, NY Insane since: Jun 2000	posted 06-18-2002 05:38 Well I have money in the market, but none of my own. My parents always felt it was a good investment for me and my sisters for the future. Anyway this is the first time I'm going to be investing my own money in the market. I was looking to maybe tuck away around $200 a month for the next few years in some long term investments. Seems like a sound investment if you realize theres no such thing as a get rich quick scheme that works. I've been following RH since I started running the OS earlier this year, and while I don't believe they'll ever hit numbers like they've had in the past, I think the company might have some fight in it yet. Out of all the distro's, if there was one to dethrone Microsoft, I think RH is it. -Jestah Cell 277

Preserved Topic: RHAT - Worth the buy?\$

Author

Thread

Jestah
Maniac (V) Mad Scientist

From: Long Island, NY
Insane since: Jun 2000

posted 06-17-2002 22:19

After our recent 'Good investment' thread I've spent some time over the weekend re-evaluating my portfolio and talking to family members. Now I've been following RedHats recent moves and I was curious at just under $6 a share, do any of you investors out there believe its worth the buy? Do you think it hit its prime and will never go back again.

All opinions welcome.

-Jestah
Cell 277

Veneficuz
Paranoid (IV) Inmate

From: A graveyard of dreams
Insane since: Mar 2001

posted 06-18-2002 00:12

Why buy it when you can download it for free

Seriously I think it might not be such a bad call to buy some RedHat(or any other big Linux company) stock now. The precentage of Linux's used is increasing, at least server side, and some of the big companies are starting to cooperate on some big projects that can turn into a lot of money if they don't screw it up. And even if you don't earn anything on the stock I doubt you will loose that much either.

But considering that I have never done any stock trading I wouldn't take a word of what I just said to be true if not at least a couple of other more trustworthy people share the same opinion

_________________________
Anyone who has lost track of time when using a computer knows the propensity to dream, the urge to make dreams come true and the tendency to miss lunch.
- copied from the wall of cell 408 -

Jestah
Maniac (V) Mad Scientist

From: Long Island, NY
Insane since: Jun 2000

posted 06-18-2002 01:06

It's all about support. That's where the money is today.

-Jestah
Cell 277

ShootingStar
Maniac (V) Inmate

From: Kanada
Insane since: Mar 2002

posted 06-18-2002 01:35

Jestah?
Playing the market now? lol.
At that price i.e. 5-6 bucks the stock will move up or down "on news". Good news will make it soar....bad news will make it dive.

tough decisions!
good luck

DocOzone
Maniac (V) Lord Mad Scientist
Sovereign of all the lands Ozone and just beyond that little green line over there...

From: Stockholm, Sweden
Insane since: Mar 1994

posted 06-18-2002 02:58

Actually, I was reading about one of the only IT sectors to have experinced consistent growth through these tough times, and things seem to indicate that it will continue in this manner. This is the Game Sector, specifically console game companies like EA, Activision, Sega, etc... Check the full article at Forbes, it sounded good... http://www.forbes.com/2002/06/14/0614games.html

The thing to remember is this, while you *can* make good money on the stock market, you can also get reamed up the butt. The same can be said for Las Vegas casinos, with good reason. For this reason it's never wise to bet everything you have on one roll of the dice, and only gamble what you can afford to lose. The people who work the stock market for a living know people you don't know, and hear things you'll never hear (until it's too late!) Do your research, but best at the start to just "dabble" until you get a feel for what kind of news is going to make things go one way or the other.

On a personal note, I gotta say, good for you, Jestah! I started sinking my extra money into the market back when I was about 25, through a broker, letting them pick me nice safe growth stocks. This last year I finally had to start tapping some of those funds for survival purposes, and man! Am I happy I started saving then! These last few months could have been painful, instead they were nearly a vacation. :-) Perhaps if I had followed my money more closely I could have turned it into even more than it is, but I guess I could have also piddled it away, heh. The best investments weren't obviously good until I looked back at them 4-5 years later, this is a slow game. Good luck to you!

Your pal, -doc-

RammStein
Paranoid (IV) Inmate

From: cEll 513, west wing of the ninth plain
Insane since: Dec 2000

posted 06-18-2002 03:02

my only advice .. think long term! that is if your young

Click on the Image to go to the Recycling Center .::. cEll .::. 513

Jestah
Maniac (V) Mad Scientist

From: Long Island, NY
Insane since: Jun 2000

posted 06-18-2002 05:38

Well I have money in the market, but none of my own. My parents always felt it was a good investment for me and my sisters for the future.

Anyway this is the first time I'm going to be investing my own money in the market. I was looking to maybe tuck away around $200 a month for the next few years in some long term investments. Seems like a sound investment if you realize theres no such thing as a get rich quick scheme that works. I've been following RH since I started running the OS earlier this year, and while I don't believe they'll ever hit numbers like they've had in the past, I think the company might have some fight in it yet. Out of all the distro's, if there was one to dethrone Microsoft, I think RH is it.

-Jestah
Cell 277