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Re: [News] Microvell is Heading Down

Roy Schestowitz wrote:
Novell Linux push fails to cover NetWare losses

,----[ Quote ]
| The Waltham, Massachusetts-based software vendor's fourth quarter
| revenue was about $6m shy of analysts' estimates, which was never
| likely to keep Wall Street happy. Announcing that the company
| expected revenue to be "flat or near flat" at $945m to $975m in
| 2007 was the double-whammy that pushed the company's share price
| down to $5.70, its lowest price since March 2005.

That would have been a good place to buy, because it's back up to $6.10

Nobody expects Linux to cover shrinking Netware sales in the short term.

The great news for NOVL holders is that Linux sales were up 30 percent.


* You know that companies are heading down when they join forced with
Microsoft.

Old mafia adage: I keep my friends close and my enemies closer.


-- The Texeme Construct http://you-read-it-here-first.com



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