Shares of special-purpose server maker Cobalt surged 482 percent during its first day in November. Net, a Web site for Linux programmers and other technically savvy people, jumped 250 percent in its first day in December. And VA Linux, a Linux computer maker that is acquiring Andover. Net, set an IPO record with a 698 percent gain in its first day. Other Linux stocks were down today.
Caldera sells two versions of Linux, one for desktop computers and one for servers.
In addition, the company plans to begin selling e-commerce software to make Linux better suited to sophisticated server tasks. One of the big beneficiaries of Caldera's IPO is Ray Noorda, former Novell chairman. Noorda owns approximately 73 percent of the company's stock, according to SEC filings. Inc. All rights reserved.