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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Red Hat's Red Flags [Motley Fool Take] June 15, 2004. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet. Red Hat's Red Flags [Motley Fool Take] June 15, 2004
by dmv at 12:58 pm EDT, Jun 15, 2004

] Even worse, at $24.00, Red Hat trades at a whopping 110
] times 2004 earnings, or 22 times expected fiscal revenue
] for 2005. With a market cap of $4.5 billion, Red Hat's
] valuation outstrips the entire $1 billion market forecast
] for Linux. Even if Red Hat's first-quarter figures (out
] on Thursday) blow the socks off analysts' estimates, they
] still won't be able to provide a convincing case for that
] valuation level.
] At such a lofty price, Red Hat stock remains vulnerable
] to even the smallest misstep. Is it any surprise the CFO
] has decided to call it quits?

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