Jefferies downgraded Novell, Inc (NASDAQ: NOVL) to Hold from Buy on valuation after yesterday's "April Fool's-inspired" rally as the firm believes upside from the initial Microsoft-(MSFT) driven SLES deals and restructuring are priced in.
It seems likely the end of Vista 10 coinciding with a sharp rise in memory prices (and now energy prices) will benefit GNU/Linux and therefore give us more to write about
Comments
Shane Coyle
2007-04-04 09:36:16
Apparently, the suse-irc.org entry on April 1st about the "leaked" information that Microsoft was already in the process of aquiring Novell was picked up by some of the financial news aggregators, and resulted in a small rally early in the day Monday.