Novell Downgraded by Analyst

Dr. Roy Schestowitz

2007-04-04 01:31:16 UTC
Modified: 2007-04-04 01:31:16 UTC

One of the major analysts at Wall Street is no longer particularly impressed by Novell's prospects.

Novell downgraded at Jefferies to Hold rating from Buy. Price target and 2007 EPS estimates hold at $8 and $0.07, respectively.

Comments

Shane Coyle

2007-04-04 09:36:16

Heh, I fell asleep while writing a similar post last night. One thing that was interesting was the effect of April's Fools day on NOVL stock:

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.
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.

XBox is Practically 'Dead Man Walking' at This Point: writings on the wall
SLAPP Censorship - Part 128 Out of 200: Making Laws Work for Britain, Not Oversensitive Americans Looking for 'Revenge' by Lawfare: The SLAPPs are intended to protect corporations (employers like Microsoft)
Not Everything Should be Electric: technology has become detrimental to society
Gemini Links 05/07/2026: Eye of the Beholder and Baldur’s Gate 3 and Alhena 5.6.5: Links for the day
GNU/Linux Market Share is Already High: GNU/Linux has fast become and is still becoming mainstream in recent years
The 9-Step IBM Algorithm: Gaming Wall Street While Shedding Off Staff and Bribing the Mainstream Media to Play Along: Any time IBM preaches manners (e.g. CoC) to the community remember that IBM works closely with and flatters the dictator
They Could Never Kill the Ideas of Richard Stallman (RMS), But They Are Still Trying: Killing an idea is harder than killing a person and killing a person is illegal
Only Germany Objected to Salary Adjustment (Reduction) Procedure of "Team Campinos": "flash report on the Administrative Council of 30 June and 1 July 2026"
A "Never Slop" Policy in Quibble: "every change in the repository must be made by a human"
Series on GNU/Linux in Japan: This series can last a week or longer
75% of All the Patents Last Year Were Software: The corporate media has more or less ceased to discuss this matter
At Microsoft "the Morale of Developers is at an All-time Low": Numerous reports today say that after at least 5 studios got marked for shutdown (mothballing) by Microsoft there are rumours about Obsidian as well
Links 05/07/2026: Data Breaches, Heat Waves, and Weinstein Rape Conviction Upheld: Links for the day
Confidentiality at Risk With Slop 'Coding': People who continue to cheer for slop aren't just misguided fanbis and fangurls
False Narratives of Slop "Efficiency" as Debt Climbs: false stories about slop
July 8 as "D-Day" for Microsoft, Mass Layoffs Planned: Microsoft's grip on the market has slipped for a long time
GNU/Linux Leaps to 6% in Thailand: Can we expect 10% by year's end?
EC Looking for Input on Digital Networks Act Until Next Month: New initiative
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Saturday, July 04, 2026: IRC logs for Saturday, July 04, 2026
Gemini Links 05/07/2026: Ragebaited and Removing Lines in Emacs: Links for the day
Links 05/07/2026: "Tesla Slams Into Crowded Cafe" and "ChatGPT [Turned] Into a Sociopath": Links for the day
BRICS and Windows: All-Time Lows: Expect many more Microsoft layoffs in years to come
Do No Evil, Do Not DDoS: Sites that attract DDoS attacks because of their message are sites that are difficult to debunk or debate
France is Winning the Race Against Windows: France instructs, then orders, government agencies to adopt GNU/Linux
Not 2.5% and Not 2.5 Billion Dollars for "Hey Hi"; 2 Waves of Microsoft Layoffs Rumoured This Month, July 8th, Then July 22nd (Just Before 'Results'): People there join unions, knowing they will be terminated silently or otherwise
Microsoft Double Trouble With Slop: What does Microsoft even sell at this point?
Based on US Government Sites, GNU/Linux Has Reached About 8% "Market Share" in Desktops/Laptops: Culled to exclude mobile platforms, GNU/Linux would likely be above 8%
TheLayoff.com is Deleting Comments About IBM Offshoring: Meanwhile, rage-baiting Internet trolls and sometimes trolls who paste in LLM slop are immune from censorship
American Independence Needs Independent Media: The American regime's hostility towards media is an international problem
Techrights Was Always a Community Platform: Techrights is about whistleblowers
Phenomenal Growth for GNU/Linux in Afghanistan: This is impressive because for many years it was registered at near 0%
Daniel Pocock Pursuing Complaint in the United States Against Software in the Public Interest (SPI) et al: It seems like the only people who don't support him are those whom he criticises
Gemini Links 04/07/2026: Busy Squirrel, Independence Day Celebrations, PalmOS Programming: Links for the day
Canonical/Ubuntu is Breaking CP (cp) to Help Microsoft Turn Coreutils Into Proprietary Software for Windows: What we could do reliably in the 1970s (before GNU) we cannot do in 2026?
Brett Wilson LLP is Downsizing, Apparently Closing Down the Oversized and Overpriced Office: Address changed 13 hours ago
Free Software Has No Kings or CEOs: The kingdom is a cross-border phenomenon, so national flags and other such symbolism overlook the core problem [...] Free Software can help lead us out of the current imbalances
The United States Lost Freedom of Speech: independence refers to a condition, not an activity
IBM Replacing the People Who Built IBM With Cheaper and Younger Staff, According to IBM Insiders: This is a very common sentiment in IBM
For USA 250 Microsoft is Messing With Our Minds (2.50%) to Distract From Mass Layoffs: The slopfarms contribute to this noise
"Defective by Design" Turns 20: DBD is still as relevant as ever (probably more relevant than ever before)
A Bicycle for the Feeble Mind, or How Computers Got Worse for Productivity (Intentionally): Many of us still adopt and champion the "workstation" mentality
Links 04/07/2026: Microsoft Tax Haven (Evasion) Tactics, Tobacco Bans, and More: Links for the day
Links 04/07/2026: 2026 Old Computer Challenge and Trying Gopher: Links for the day
SLAPP Censorship - Part 127 Out of 200: Lawsuits by Americans Filed in the UK a Burden on British Taxpayers, No Way to Recover the Funds When Americans Lose Their Cases: Are Garrett and Graveley 'pulling a 4Chan'?
Links 04/07/2026: USMCA (Covering Software Patents) Might Not be Renewed, Slop Bros Try to Pay Weird Al to Endorse Their Scheme: Links for the day
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Friday, July 03, 2026: IRC logs for Friday, July 03, 2026
Gemini Links 03/07/2026: Mindfulness Practice and "Slop Is Killing the Human Spirit": Links for the day
Links 03/07/2026: Openwashing of Slop in "Linux" Clothing and "Happy Birthday, America": Links for the day
John Been (reallinuxuser.com) May Have Crossed Over to the 'Dark Side' of LLM Slop: It 'smells' like it, a scanner seems to concur
Who or What is "Nadeko"?: Fijxu's services make life a lot easier for Free software sticklers
10 Years Since the World Lost Ian Murdock: My wife and I still use Debian, as does this site
No, Microsoft is Not Laying Off 5,000-6,000 But a Lot More: There are "buyouts", "PIPs" (silence layoffs), pink slips, and future waves, not counting subsidiaries and contractors
The Cyber Show's Andy and Helen Confronting 'Upgrades': the latest from Andy and Helen
statCounter Sees Almost 1 in 10 Desktops or Laptops in Egypt as GNU/Linux Workstations: 10% "market share" (for GNU/Linux) was nearly attained last month
The March of GNU/Linux in the Russian Ally, Belarus: record high for GNU/Linux in Belarus
Being Prevented From Accessing One's Own System Means Getting Locked Out, Not Security: a metaphor
Technology is Getting Objectively Worse and Less Reliable: Something went horribly wrong
FOSS Force 2026 Independence Drive Lacks Independence From GAFAM's 'Linux' Foundation: We're not trying to 'bash' FOSS Force
News That Matters, News That's Exclusive, and News LLM Slop Will Never Get Right: Churning out blog posts just for quantity's sake was never our goal
3/4 (Three-Quarter) of Requests Seen by statCounter (Originating From Desktops/Laptops) Deemed to be "Linux" in San Marino: 74% Linux, it says...
The Linux Foundation Does Not Work for Linux, Definitely Not for Free Software: works for its biggest sponsors, i.e. companies like Microsoft, IBM, and others
Independence and Software Freedom: Much work remains to be done
The European Patent Office's (EPO) Crisis Week Ends Today, the Rest of the Year Will be EPO Staff on Strike: The outcome of the two-day meeting won't change the fact that EPO staff is on strike for the whole year
European Patent Office (EPO) Series: Operation Monte Titano: Micro-State Diplomacy: On 28th May 2026 EPO President António Campinos paid a visit to the Most Serene Republic of San Marino where he was received with full diplomatic honours
Links 03/07/2026: Slop "Isn’t Replacing Lawyers", "App Fatigue": Links for the day
Statement on This Week's DDoS Attacks: DDoS attacks are not a "badge of honour". They are a nuisance.
Skinnerboxes as Health Problems and Impediments (Against Happiness): skinnerboxes are a form of addiction
Costa Ricans' Adoption of GNU/Linux Reaches New Highs: Windows is doing poorly in general
British Women Don't Want to Work for American Men Who Attack American Women: "[g]reeting clients and preparing beverages"
Mass Layoff Event on June 30 at Red Hat? Let Us Know...: We are looking for more Red Hat whistleblowers
Gaming on Windows is in Trouble, XBox is Practically Dead Already: It seems increasingly clear that Microsoft wants to get rid of XBox
New Record for GNU/Linux in the World's Largest Muslim-Majority Population (287,983,025): Will Indonesians leave GAFAM behind?
SLAPP Censorship - Part 126 Out of 200: Becoming More Aggressive Against Us Only Proves Us Right: the police involved
IBM Red Hat Kicks Out the Community, Promotes Slop: It has gotten so bad
The Register MS Covers "AI" Because It Gets Paid to: A lot of noise "in the news" about "AI" is paid-for trash
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Thursday, July 02, 2026: IRC logs for Thursday, July 02, 2026
Gemini Links 02/07/2026: OpenBGPD, Newt and OpenBSD, Indieweb Theme for Ghost: Links for the day

Novell Downgraded by Analyst

Comments

Recent Techrights' Posts