Redhat Looks Like A Buy

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July 3, 2006

Based on technicals RHAT, Redhat the flavor of Linux used by alot of coporations in North America, (SuSe is favored in Europe), looks to be a buy today. RHAT has seen a nice selloff in its stock, but looks to be a trading buy here and will probably turn into a major long term buy somewhere around October. For now, its on the buyers list.


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