TechIQ: Novell Numbers Still Don’t Add Up

“The VAR Guy thinks it’s time for Novell to change course. The
company disappointed investors yet again this week by delivering
weak financial results and a quarterly loss. As Reuters noted,
Novell in every quarter for more than a year has either missed
analysts’ targets, made disappointing forecasts or both. Ouch.

“Still, Novell’s shrinkage problem isn’t universal. The
company’s SuSE Linux business is growing–really fast. Quarterly
Linux revenue grew 46% to $15 million, giving the product line an
estimated $60 million annual run rate…”

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