This from Dana Blankenhorn @ Seeking Alpha..."And the small news that broke during the show, the acquisition of FuseSource from Progress Software (PRGS), could turn out to be the bigger win for investors. That's because FuseSource specializes in CAML, a language for writing rules management for which demand is growing, and the team includes 20 people who do work for the Apache Foundation on the language, including lead developer James Strachan." As for the assertion that the boys with the deep pockets ie. Oracle, VMware, Microsoft are putting pressure on Redhat and their margins, I don't think so. Margins have INCREASED every quarter for the last several years. It is because of competitors high subscription rates and their closed platforms that have made life so sucessful for Red Hat. I really don't see them throwing away their business model to compete with Red Hat. I do agree that the stock will be in a trading range for awhile, it looks like the mid fifty's is it.
<Moreover, sluggish IT spending and significant foreign exchange will keep them in a trading range.> You know that Europe, where they are in deep doodoo, happen to be an excellent source of sales and income for RHT according to the last CC. The tougher the economy, the BETTER Red Hat does.