Stardate 20010830.1641 (On Screen): VA Linux closed today at $1.45, an all-time low. When it breaks $1, which now seems likely, then it faces delisting from NASDAQ, which should be exciting. Still, another question: Larry has announced that
he's going to change the scope of the business and concentrate on trying to sell the code which runs SourceForge. They may even change the name of the company. Will they also change their stock market symbol? It's been done, but it's quite rare. So here's today's question: which will happen first? Delisting or change of market symbol? (I think there's a 75% chance of delisting before the end of 2001. Of course, it fooled me before; I thought it was headed for $1 in March and then
it bounced to above $5. But I don't think there's going to be a bounce this time.)
(discuss)