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Re: [News] [Linux] Novell Might Share Microsoft's Fate and Pull Money Out of Bank

__/ [ John Bailo ] on Saturday 26 May 2007 16:22 \__

> Roy Schestowitz wrote:
> 
>> Novell Completes Options Probe; Is A Big Buyback Ahead?
>> 
>> ,----[ Quote ]
>> | The company has $1.82 billion in cash, offset by $600 million in debt.
>> | Market cap is just $2.6 billion; a $1 billion buyback would take outn
>> | early 40% of the outstanding shares.
>> `----
>> 
>> http://software.seekingalpha.com/article/36525
> 
> The Options probe ended up with a teeny-tiny restatement of last years
> earnings...and the other years in question, the amount was so small the
> restatement was not necessary.

Maybe it was so small because certain parts were redacted? *wink wink*

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