June 10, 2004
SpeculatingStocks.com Stock Pick: VA Software Corporation (LNUX)
Stock Price: $2.28 (long-term strong buy)
VA Software Corporation is the provider of SourceForge Enterprise Edition, the industry leading, web-based solution for streamlining and managing distributed software development. VA Software owns OSDN, who holds Slashdot.org, SourceForge.net, and Linux.com plus other popular sites.
With more and more open-source software being developed each day by freelancers as well as corporations, VA Software SourceForge licenses will grow tremendously. As Linux software tools go not many companies are ahead of VA Software.
LNUX has dropped to as low as the $2.00 level during mid-May and since have leveled around $2.30. It looks as if LNUX shares will start their next leg up soon.
SpeculatingStocks.com Target Price: LNUX shares could see $4 by the end of 2004.