01.20.07

Gemini version available ♊︎

First Albany Likes Microvell

Posted in Deals, Deception, Finance, Microsoft, Novell, Servers at 1:16 am by Shane Coyle

Apparently, the news that 16,000 stay out of court free coupons had already been distributed to three large corporations has led Mark Murphy from First Albany to change his outlook on NOVL from neutral to buy.

Murphy wrote, “The news of the activation of over 16,000 certificates translates into roughly $11M in revenue.” That may only be the start, though. He adds: “We believe it is becoming increasingly likely that NOVL could widely exceed the $4M-$7M built into its plan for FY07 for MSFT-driven transactions. Industry contacts also indicate that Novell will likely show additional SLES certificates being activated this quarter, beyond the 16,000 certificates that have already been announced. On that basis, the bogey of 70,000 coupons per year begins to look like a very low bar.”

First Albany didn’t see this coming. “When the MSFT agreement was announced, we believe the common view was that NOVL would receive a slug of cash and that was the whole extent of it, because very few customers were likely to activate the coupons,” continued Murphy. “In that pessimistic scenario, there would be no meaningful impact to NOVL’s P&L [profit & loss] during the next 12 months; after which NOVL would begin to recognize meaningless, empty one-time revenue events as the coupons expired without any true customer deployment of the SLES technology. As time passes and the Street learns more about the arrangement, we believe it will become more apparent that customers are implementing the SLES technology as they accept MSFT-sponsored coupons.”

The problem is, these were existing customers that "activated" coupons, (no one ever said anything about new deployments and Microsoft has asserted that they lost no seats in the transactions), and there is no reason to believe that these same customers won’t get their IP indemnification, i mean support, coupon from Microsoft for the next four years as well.

Microsoft already paid for these subscriptions, and these companies already were customers apparently, so how exactly would the "activation" of these already purchased coupons increase Novell’s revenue a second time?

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

Decor ᶃ Gemini Space

Below is a Web proxy. We recommend getting a Gemini client/browser.

Black/white/grey bullet button This post is also available in Gemini over at this address (requires a Gemini client/browser to open).

Decor ✐ Cross-references

Black/white/grey bullet button Pages that cross-reference this one, if any exist, are listed below or will be listed below over time.

Decor ▢ Respond and Discuss

Black/white/grey bullet button If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

A Single Comment

  1. Roy Schestowitz said,

    January 20, 2007 at 5:25 am

    Gravatar

    Red Hat been earning upgrades as well:

    19-Jan-07 – CIBC Wrld Mkts - Upgrade
    22-Dec-06 – First Albany - Upgrade
    22-Dec-06 – Citigroup – Upgrade

    http://finance.yahoo.com/q/ud?s=RHT

    Red Hat Seen Posting Strong 4Q

    http://biz.yahoo.com/ap/070119/red_hat_mover.html?.v=1

    “CIBC analyst Brad Reback lifted his rating on the stock to “Sector Outperform” from “Sector Perform” and introduced a $26 price target, based on the assumption that the rollout of a new product cycle — Red Hat Enterprise Linux 5 — could give the company a competitive edge, and that offerings from Oracle Corp. or Microsoft Corp. haven’t hurt the company’s business yet.”

DecorWhat Else is New


  1. Links 28/11/2021: Laravel 8.73 Released, GitHub Offline for Hours

    Links for the day



  2. IRC Proceedings: Saturday, November 27, 2021

    IRC logs for Saturday, November 27, 2021



  3. Links 27/11/2021: Nvidia’s DLSS Hype and Why GNU/Linux Matters

    Links for the day



  4. [Meme] Linus Gabriel Sebastian Takes GNU/Linux for a (Tail)'Spin'

    If you’re trying to prove that GNU/Linux is NOT Windows, then “haha! Well done…”



  5. GNU/Linux is for Freedom and It'll Gain Many Users When (or Where) People Understand What Software (or Computing) Freedom Means

    Software that respects people's freedom (and by extension privacy as well) is an alluring proposition; those who choose to try GNU/Linux for the wrong reasons are likely the wrong target audience for advocates



  6. Amid Reports of Microsoft's Competition Crimes in Europe...

    European companies are complaining, but they seem to overlook the principal aspect of an imperialistic system with bottomless pockets (almost 30 trillion dollars in debt already; US national debt soared again last month); Microsoft is shielded by a political system with military (“defence”) as bailout budget to help cushion international expansion for data grab and technical leverage, as we've seen in the case of EPO (this is all political, not technical, and should thus be treated as a political/corruption issue)



  7. Is Linus Trolling the GNU/Linux Community?

    This new video responds to what many sites have been provoked into amplifying



  8. Links 27/11/2021: Tux Paint 0.9.27 and SeaMonkey 1.1.19 in EasyOS

    Links for the day



  9. [Meme] Keeping Our Distance From Microsoft

    The OSI is the dagger, the Linux Foundation is the knife, and many others are the sword by which Microsoft tries to get into the very heart of GNU/Linux and extinguish the Free software movement



  10. Microsoft Edge Encourages Indebted Americans to Guilt-spend Just in Time for Christmas

    Guest post by Ryan, reprinted with permission



  11. IRC Proceedings: Friday, November 26, 2021

    IRC logs for Friday, November 26, 2021



  12. 38+ Years of GNU and 19+ Years of FSF Associate Membership

    “On November 25, 2002,” Wikipedia notes, “the FSF launched the FSF Associate Membership program for individuals.” As the above video points out, it all started almost 40 years ago.



  13. Gemini as a Platform for Gamers

    Contrary to what people often assume (or are led to assume), even without client-side scripting Gemini can accomplish a great deal; early adopters, many of whom are technical, test the limits of the very minimalistic (by design and intention) specification



  14. Improved Workflows: Achievement Unlocked

    Today we've completed a bunch of small projects that can make us more efficient (e.g. more Daily Links per day, more articles); the above video was recorded many hours ago to accompany the outline below



  15. Links 26/11/2021: New Complaint About Microsoft Competition Crimes in Europe, EuroLinux 8.5, GhostBSD 21.11.24, and Kiwi TCMS 10.5 Released

    Links for the day



  16. Links 26/11/2021: F35 Elections, Whonix 16.0.3.7, OSMC's November Refresh With Kodi 19.3

    Links for the day



  17. IRC Proceedings: Thursday, November 25, 2021

    IRC logs for Thursday, November 25, 2021



  18. IRC Proceedings: Wednesday, November 24, 2021

    IRC logs for Wednesday, November 24, 2021



  19. Links 25/11/2021: PHP 8.1.0 Released and Linux 5.15.5

    Links for the day



  20. IBM as Master of Hypocrisy

    Free software projects and Free software developers have long been humiliated by corporations of Western misogynists, falsely claiming that the Free software community isn’t inclusive enough (these are shameless projection tactics; as a matter of public record, the exact opposite is true) and even the eradication of supposedly offensive language isn’t something IBM takes seriously



  21. Links 25/11/2021: LibreOffice 7.2.3 and Mesa 21.2.6 Released

    Links for the day



  22. [Meme] So Desperate That Edge Cannot Even Exceed 4% That They Block Rival Web Browsers

    Linux/Android/Free Software/GNU (they go by very many names/brands) may continue to grow to the point where Windows is as irrelevant as Blackberry; this means that Microsoft’s grip on the Web too has slipped — to the point where Microsoft frantically uses 'bailout' money to hijack LinkedIn, GitHub, etc. (it also rebrands almost everything as "Azure" or clown to fake a perception of growth)



  23. Windows Vista Service Pack 11 (Vista 11) Has Failed to Curb the Growth of GNU/Linux

    Windows market share continues to decrease in spite of billions of dollars spent bribing the media for fake hype, especially in light of a new Windows Service Pack (SP), Vista SP 11



  24. Links 25/11/2021: Proton 6.3-8 and Linux Mint Compared to Ubuntu

    Links for the day



  25. 3.5 Years Later the 'Master' of Fedora is Still Microsoft and IBM Cannot Be Bothered to Alter Git Branch Names (Refuting or Ignoring Its Very Own Directive About Supposedly Racially-Insensitive Terms)

    Today we demonstrate the hypocrisy of IBM; years after telling us that we should shun the term "master" and repeatedly insisting it had a racist connotation at least 65 Fedora repositories, still controlled by Microsoft, still use "master"



  26. Changing the Arrangement While News is a Bit Slow(er)

    I've made it easier for myself to keep abreast of things like IRC channels and networks (incidentally, a day ago Freenode reopened to anonymous logins) and I've improved monitoring of the Web sites, Gemini capsule etc. (this video is unplanned and improvised)



  27. Links 24/11/2021: Alpine Linux 3.15 and Endless OS 4.0 Released

    Links for the day



  28. [Meme] Jimmy Zemlin Loves Microsoft

    It’s funny, isn’t it? Lying for a living and sucking up to the liars pays off; you get to plunder actual Linux users while leaving Linux morally and financially bankrupt



  29. Links 24/11/2021: PHP Foundation and Flatpak Criticisms

    Links for the day



  30. IRC Proceedings: Tuesday, November 23, 2021

    IRC logs for Tuesday, November 23, 2021


RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts