On Tue, 29 Aug 2006 14:06:21 -0700, billwg wrote:
>
> Roy Schestowitz wrote:
>> Novell shares hover ahead of financial results
>>
>> ,----[ Quote ]
>> | An update on the Waltham, Mass., company's efforts to keep costs in
>> | check will be the key, said analyst Kirk Materne, of Bank of America
>> | Securities, in a note to clients on Monday. He rates the stock buy with
>> | a 12-month target price of $9.
>> `----
>>
> Looks like that fizzled out, roy boy! NOVL is somewhat in the toilet
> in afterhours trades. What is a ticking time bomb is the news:
>
> "Novell is not in a position to predict when the stock-based
> compensation review will be completed and it is possible that Novell
> may not file its Quarterly Report on Form 10-Q for the third fiscal
> quarter ended July 31, 2006 on a timely basis. "
>
> Bad news for any NOVL holders. Beware the "X"!
>
> Another tidbit:
>
> "During the third fiscal quarter 2006, Novell reported $12 million of
> revenue from Linux* Platform Products, up 30% year-over-year. Revenue
> from Identity and Access Management was $26 million, up 46%
> year-over-year. Combined revenue from Open Enterprise Server and
> NetWare-related products declined 19% from the year ago period."
>
> 12 mil is only 5% of NOVL's nut and about 12 minutes worth of Mr.
> Softee's Windows income stream. Kind of a small potato, I think, but
> ray will be thrilled by the growth rate.
Looks like the catfish is out of the tank as far as Suse 10.1 being a bug
riddled distribution is concerned.
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