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gnulaw (51.71)

November 2008

Recs

1

Are There Two [CBS] Trojan Horses Inside SourceForge (NASDAQ:LNUX)?

November 23, 2008 – Comments (1) | RELATED TICKERS: CBS , GKNT , JAVA.DL

What do Jonathan Sobel, Suzanne Present, CBS, and Gladwyne have in common?  [more]

Recs

1

"SUN (NASDAQ:JAVA) Banks On Open Source For Its Survival" - Is A SourceForge Takeover Now In Its Sites?

November 15, 2008 – Comments (2) | RELATED TICKERS: JAVA.DL , GKNT , YHOO

Slashdot relayed today that SUN Microsystems announced on Friday they are cutting up to 6,000 jobs, or 15-18% of its workforce citing that "...CEO Jonathan Schwartz contends users will be more inclined to try open-source products such as MySQL, OpenSolaris and Sun's GlassFish application server during a time of economic stress...". Per the San Jose Mercury News' article "..by announcing one of the biggest tech layoffs so far this year, Sun Microsystems on Friday bought more time for its effort to expand sales and show that a strategy built around open-source software can carry the struggling Santa Clara computer maker out of the current recession and into profitability..." providing further credibility to the November 7th Motley Fool Blog "Sourceforge.net, Recession, LNUX, Gladwyne, and shareholder value". If this is Jonathan Schwartz's strategy to create shareholder value then wouldn't an acquisition of SourceForge simply represent [the] crown-jewel competitive advantage and preemptive strike for Sun ($2.6B cash) Microsystems to own the largest Open Source (potential take-over candidates) incubator in the world?  [more]

Recs

2

Breaking News:Suzanne Present Files Indemnification Agreement* [After] the Closing Bell [Friday]

November 14, 2008 – Comments (4) | RELATED TICKERS: CBS , GKNT , YHOO

SourceForge (NASDAQ:LNUX)'s largest controlling shareholder via Gladwyne et al, and recently appointed Board Director Suzanne Present files an SEC Form 8-K after the closing bell on Friday November 14th as SourceForge (NASDAQ) plunges another 6.1% to $0.77/share and within $0.04 cash/share (including long-term investments).   [more]

Recs

1

Sourceforge.net, Recession, LNUX, Gladwyne, and shareholder value

November 07, 2008 – Comments (4) | RELATED TICKERS: CBS , GKNT , YHOO


so...do fiscal q1 2009 numbers even matter in this financial meltdown? For most companies it is arguable that meeting or marginally beating consensus will not create shareholder value but may prevent shareholder value destruction, however, Sourceforge may just be the beneficiary of the  meltdown and recession given many IT budgets are tightening. Three major Open Source releases are pending, Zenoss, Groundwork, and Hyperic and they are all hosted on SourceForge.net. internetnews.com discusses this subject here   .  [more]

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