Home Messages Index
[Date Prev][Date Next][Thread Prev][Thread Next]
Author IndexDate IndexThread Index

[News] Novell and SCO Gambled Stock on Microsoft's Mercy

  • Subject: [News] Novell and SCO Gambled Stock on Microsoft's Mercy
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Wed, 29 Aug 2007 02:13:47 +0100
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Netscape / schestowitz.com
  • User-agent: KNode/0.10.4
Novell: FY Q3 Earnings Coming Tomorrow; Credit Suisse Says Odds Of Buyout Are
Low

,----[ Quote
| In a research note this morning, Credit Suisse’s Jason Maynard repeated his 
| Underperform rating, asserting that he is “not expecting to see material 
| improvements in the business.”  
| 
| [...]
| 
| He notes that the company has over $1 billion in net cash, but says 
| that “Novell is more likely to use that balance to make acquisitions rather 
| than buying back stock.”  
`----

http://blogs.barrons.com/techtraderdaily/2007/08/28/novell-fy-q3-earnings-coming-tomorrow-credit-suisse-says-odds-of-buyout-are-low/?mod=yahoobarrons
http://tinyurl.com/38tnhu

SCO Goes Bust in the Courtroom

,----[ Quote ]
| SCO essentially attempted a costly, time-consuming "Hail Mary" to score a big 
| payday. It might have better spent that time building products and getting 
| customers. What's more, it picked fights with big-name tech players who know 
| how to wage a court battle.   
| 
| As of now, SCO's shares are trading at $0.51 apiece, and the company sports a 
| market cap of a measly $11.5 million. It's definitely a sobering example. 
| Foolish inventors looking at companies with similar strategies should realize 
| that they're more like lotteries than businesses.   
`----

http://www.fool.com/investing/high-growth/2007/08/28/sco-goes-bust-in-the-courtroom.aspx

McBride and Hovsepian took Microsoft's role, for money.

[Date Prev][Date Next][Thread Prev][Thread Next]
Author IndexDate IndexThread Index