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Open Source Is An Iceberg

After 10 years spent studying open source, for ZDNet and now Seeking Alpha, I have finally come up with a comprehensible analogy for it.

Open source is an iceberg.

The benefits of open source do not primarily go to "open source companies." Even Red Hat (NYSE:RHT) CEO Jim Whitehurst freely admits that, comparing open source to the standardized nuts, bolts and screws of 200 years ago. Those standards enabled the real glories of the Industrial Revolution - trains, planes, automobiles - to be created. The whole age of mass-market invention flowed from it.

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2 Tech Stocks For Investors: Red Hat Inc (RHT), KLA-Tencor Corp (KLAC)

Best stocks of the day: Red Hat, Inc. (NYSE:RHT)

Red Hat Incorporated (NYSE:RHT) Shorted Shares Increased 3.38% After Market Selling

The stock of Red Hat Incorporated (NYSE:RHT) registered an increase of 3.38% in short interest. RHT’s total short interest was 6.12M shares in February as published by FINRA. Its up 3.38% from 5.92 million shares, reported previously. With 2.19M shares average volume, it will take short sellers 3 days to cover their RHT’s short positions. The short interest to Red Hat Incorporated’s float is 3.37%. The stock increased 0.84% or $0.55 on February 19, hitting $65.9. About 1.76M shares traded hands. Red Hat Inc (NYSE:RHT) has declined 18.23% since July 16, 2015 and is downtrending. It has underperformed by 8.51% the S&P500.

Frontier Capital Management Co. LLC Buys 67,688 Shares of Red Hat Inc (RHT)

Frontier Capital Management Co. LLC increased its position in Red Hat Inc (NYSE:RHT) by 7.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 964,085 shares of the open-source software company’s stock after buying an additional 67,688 shares during the period. Frontier Capital Management Co. LLC owned about 0.53% of Red Hat worth $79,836,000 as of its most recent filing with the SEC.