Inter@ctive Week: Novell Hits The Financial Wall – Hard

“It’s going to get a lot worse for Novell before it gets better.
The company’s second-quarter profit warning may only be the
beginning of its problems.”

“Analysts responded with stunned silence – never a good omen
on a conference call.
Sales will be in the $300 million range,
down from the first quarter and a year ago.”

“Despite a passing reference to sales problems related to
Linux and Windows 2000, Novell shoulders most of the blame for its
, industry onlookers say Novell management says the
company had weak sales because of “the introduction of Windows 2000
and growing market interest in the Linux operating system [OS].”
But don’t put much stock in that statement – it’s not like Corel,
Microsoft and RedHat are ganging up on Novell. Raney, who
mispronounced Linux on the analyst conference call, wasn’t


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