The Mercury News: Red Hat down as Gateway to offer rival Linux’s code

Red Hat Inc. stock fell Monday after news that Gateway Inc. will begin offering a rival’s version of the Linux operating system. Shares of Red Hat traded down 7 percent, or 90 cents, at $12, in the afternoon on the Nasdaq Stock Market. (full story)

My spin: So, Gateway does have some market sway after all!

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Ramon Ray, Editor & Technology Evangelist, Smallbiztechnology.com . Editor and Founder, Smart Hustle Magazine Full bio at http://www.ramonray.com . Check him out on Google Plus, Twitter or Facebook