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Red Hat (RHT +3.9%) is still up strongly after posting solid FQ2 results (I, II), and raising...

Sep. 22, 2011 11:23 AM ETRed Hat, Inc. (RHT) StockMSFT, RHTBy: Eric Jhonsa, SA News Editor
Red Hat (RHT +3.9%) is still up strongly after posting solid FQ2 results (I, II), and raising its FQ3 and FY12 revenue forecasts. CEO Jim Whitehurst boasts Red Hat's Linux OS is a popular choice for cloud server deployments, and declares Microsoft's (NASDAQ:MSFT) cloud offerings to be late to the game. (transcript)

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