Red Hat Stock Climbing Back

Red Hat (RHAT) shares have come scratching back from their worst levels following the twin announcements that Oracle (ORCL) plans to offer maintenance service to Red Hat Linux users while Microsoft (MSFT) has teamed up with Novell (NOVL) to offer ways for companies to run both Windows and Novell’s Suse Linux on the same boxes. Nonetheless, serious concerns remain about how those developments will impact Red Hat’s business in the long run. And those concerns are going to weight on Red Hat shares.