Taking Stock of Red Hat and Novell
Jun 02, 2006, 14:30 (0 Talkback[s])
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AP/BusinessWeek: Red Hat Seen Beating Competitive Threats
"Shares of Linux software provider Red Hat Inc. surged in
Thursday's trading after a slew of analysts came away from the
first day of an annual conference singing the company's praises and
downplaying the threat of Oracle Corp.
"Pacific Crest analyst Brendan Barnicle, who has an 'Outperform'
rating on the stock, said that despite Oracle's claims that it
could easily become a Linux distributor, Red Hat holds an edge over
Oracle and other competitors because of Linux users' focus on
service and subscription pricing..."
Forbes: Novell Stock Plummets
"Novell shares were off sharply in Thursday morning trading
after the company gave a weak third-quarter forecast during its
second-quarter earnings announcement.
"The open-source software maker reported a year-over-year drop
in second-quarter revenues to $278 million, versus last year's $297
million, and earnings per share of a penny, which Banc of America
analyst Kirk Materne said was in-line with expectations..."
InfoWorld: Linux: A Tale of Two Vendors
"Why the disparity between the two companies?
"I think it's a question of focus. Red Hat does one thing:
Linux. And it has one business model: open source.
"Novell, for its part, is a bit scattered. It has both
proprietary and open source products. This requires it to have both
proprietary and open source software business models. The company
touts this as a benefit: it's not..."