03.08.08
Gemini version available ♊︎Do-No-Evil Saturday – Part IV: ‘Spillaneous’ Items About Novell
One last go at playing nice with Novell
The remainder of the news from the past week (spillover, miscellanea) goes here. Firstly, let’s have a quick look at Novell’s new membershipin the Climate Savers Computing Initiative
The Climate Savers Computing Initiative today announced Novell has joined its ranks. The Initiative is a non-profit organization dedicated to reducing computer power consumption by 50 percent by 2010. Together, Novell and the other industry-leading members of the Initiative will work to increase the adoption of energy-efficient PCs and servers, and increase awareness and use of computer power management.
This item is out of date, but it made a recommendation of NOVL prior to the crash.
S&P MAINTAINS HOLD RECOMMENDATION ON SHARES OF NOVELL (NOVL; 7.14):
January-quarter operating EPS of $0.05 vs. a loss of $0.01 is $0.03 above our estimate. Revenue rose 5.7% to $231 million, $7.5 million above our forecast. NOVL cites strength in Linux products revenue, which rose 65%. Other businesses are improving, with low single-digit growth. We see FY 08 (October) revenue rising in mid-single digits with non-GAAP operating margin expanding to 8%, reflecting cost savings from restructuring. We are raising our FY 08 operating EPS estimate by $0.06 to $0.17, but keep our 12-month target price of 7.50 based on an enterprise value of 1.4 times our FY 08 revenue estimate. – J.Yin
Stafford Masie seems active in his new role at Google, having left Novell. He was a major loss to the company.
Google set up an office in SA last year, poaching Stafford Masie from networking company Novell as its country manager. Yesterday it held its first local media briefing, and was big on promises if thin on figures. Masie would not say how many people it employed in SA, although “a lot” were South Africans who had worked abroad for Google and had come home to launch the local branch.
There is some kind of a mysterious healthcare event where Novell will be presenting.
Event: ‘Identity & Systems Management For Healthcare – Presented By Novell & Synapse SE In Minnesota’
Without a highly automated, flexible, and secure systems & identity management solution in place, it has become increasingly difficult for healthcare organizations to effectively manage the growing amount of complex, valuable, and sensitive devices and identity information.
In case Novell is hiring, Darl McBride is up for grabs and he lives nearby.
Darl McBride said Monday he regrets that he is being pushed out as CEO of The SCO Group software company but not his decision to sue IBM and Novell, lawsuits that led to the company’s bankruptcy and ultimately his departure.
Darl McBride will no longer be suing Novell. █
Time to get back to work..
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