Red Hat, Inc. at Robert W. Baird & Co., Inc. Growth Stock Conference Transcript - Thomson StreetEvents

Red Hat, Inc. at Robert W. Baird & Co., Inc. Growth Stock Conference Transcript

Red Hat, Inc. at Robert W. Baird & Co., Inc. Growth Stock Conference Transcript - Thomson StreetEvents
Red Hat, Inc. at Robert W. Baird & Co., Inc. Growth Stock Conference Transcript
Published May 12, 2009
9 pages (6101 words) — Published May 12, 2009
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Final Transcript of RHT presentation, 12-May-09 3:30pm ET

  
Brief Excerpt:

...Steve Ashley - Baird - Analyst Good afternoon, everyone. I think to stay on time we're going to get started here. I'm Steve Ashley from Baird's research department. I have the pleasure of introducing our next presenting Company from me -- up here with me from Red Hat. We havetwooftheirexecutives.LeeCongdon,whoistheirChiefInformationOfficer,CIO.AndTomMcCallum.TomisVicePresident of Investor Relations. We continue to believe that open source is one of the most disruptive forces within the technology and software world. I mean simply said, in my opinion, open source is just a superior way to build and create software. You have seen that happen in the operating system, now extended to the app server. You've also heard more rhetoric out of Sun and Oracle. But what's important is Red Hat remains the only pure play and the only pure way to play the broader dynamic of open source software. Here to tell you a little bit of the overview, it's my pleasure to introduce Tom McCallum. Tom McCallum - Red...

  
Report Type:

Transcript

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Company:
Ticker
RHT
Time
3:30pm ET
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Steve Ashley - Baird - Analyst: We have time for some questions and maybe I could just start with the most high-level and basic of questions. As I really think thatwhatpeoplehearisthatopensourcesoftwareislessexpensive.Youtalkaboutthevalueproposition,aboutpeopleadopting www.streetevents.com Contact Us 6 ¬ 2009 Thomson Financial. Republished with permission. No part of this publication may be reproduced or transmitted in any form or by any means without the prior written consent of Thomson Financial. it. But we could -- could you talk about how the development process of open source makes it better quality wise and are there any metrics you could throw out to maybe bring that element, other than just the cost savings, does it produce a better product and why?

Answer By: Lee Congdon - Red Hat, Inc. - CIO


Question: Steve Ashley - Baird - Analyst: We're really running out of time here. We have just a few seconds and I'm dying to ask you this question. Two large companies outtherehavebeenthemostprominent,othercompaniestalkingaboutopensource.TheyareOracleandSun.Andnowthey're getting married. What does that mean to Red Hat?

Answer By: Lee Congdon - Red Hat, Inc. - CIO


Question: Steve Ashley - Baird - Analyst: Great. And maybe we can do that in the breakout session. I'd like to thank Lee and Tom for their presentation. In terms of presenting companies, presenting in this room, Concur Technologies. Presenting next door, Diebold. Across the hall, Tekelec. Presenting downstairs Rosetta Stone. Thank you. DISCLAIMER Thomson Financial reserves the right to make changes to documents, content, or other information on this web site without obligation to notify any person of such changes. In the conference calls upon which Event Transcripts are based, companies may make projections or other forward-looking statements regarding a variety of items. Such forward-looking statements are based upon current expectations and involve risks and uncertainties. Actual results may differ materially from those stated in any forward-looking statement based on a number of important factors and risks, which are more specifically identified in the companies' most recent SEC filings. Although the companies may indicate and believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate or incorrect and, therefore, there can be no assurance that the results contemplated in the forward-looking statements will be realized.

Table Of Contents

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Red Hat, Inc. Q1 2010 Earnings Conference Call Summary – 2009-06-24 – US$ 54.00 – Edited Brief of RHT earnings conference call or presentation, 24-Jun-09 5:00pm ET

Red Hat, Inc. Q1 2010 Earnings Conference Call Transcript – 2009-06-24 – US$ 54.00 – Final Transcript of RHT earnings conference call or presentation, 24-Jun-09 5:00pm ET

Red Hat, Inc. at Morgan Stanley Cloud Computing Symposium Transcript – 2009-05-28 – US$ 54.00 – Final Transcript of RHT presentation, 28-May-09 8:30am ET

Red Hat, Inc. Q4 2009 Earnings Conference Call Summary – 2009-03-25 – US$ 54.00 – Edited Brief of RHT earnings conference call or presentation, 25-Mar-09 5:00pm ET

Red Hat, Inc. Q4 2009 Earnings Conference Call Transcript – 2009-03-25 – US$ 54.00 – Final Transcript of RHT earnings conference call or presentation, 25-Mar-09 5:00pm ET

Red Hat, Inc. Q3 2009 Earnings Conference Call Summary – 2008-12-22 – US$ 54.00 – Edited Brief of RHT earnings conference call or presentation, 22-Dec-08 5:00pm ET

Red Hat, Inc. Q3 2009 Earnings Conference Call Transcript – 2008-12-22 – US$ 54.00 – Final Transcript of RHT earnings conference call or presentation, 22-Dec-08 5:00pm ET

Red Hat, Inc. at Goldman Sachs Software Conference Transcript – 2008-11-05 – US$ 54.00 – Final Transcript of RHT presentation, 5-Nov-08 1:15pm ET

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Thomson StreetEvents. "Red Hat, Inc. at Robert W. Baird & Co., Inc. Growth Stock Conference Transcript" May 12, 2009. Alacra Store. Jun 30, 2022. <http://www.alacrastore.com/thomson-streetevents-transcripts/Red-Hat-Inc-at-Robert-W-Baird-Co-Inc-Growth-Stock-Conference-T2164138>
  
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