Will Novell Apologise or Will Novell Conceal?
- Dr. Roy Schestowitz
- 2007-12-05 00:16:21 UTC
- Modified: 2007-12-05 02:41:54 UTC
Admission of mistake versus denial
It's midnight here in the United Kingdom, so it is officially the Wednesday when Novell is expected to deliver
its big report.
When Novell reports results on Wednesday afternoon, watch for $0.04 EPS. NOVL's PowerRating (for Traders) is 4.
As
pointed out yesterday, Novell is likely to hide the true unhealthy state of its business. There are a variety of methods for concealing losses or diverting an investor's attention. Former Novell employee, Matt Asay, made some observations
just hours ago.
They may be good changes, but word on the street is that Novell is laying people off and reorganizing its operations, apparently quite extensively (the reorg, that is, not the layoffs). A source close to the company has suggested that Novell is trying to change its model again (perhaps indicated by the news that it is overhauling its channel program), and that some very good people have been let go.
Let's wait and see how things turn out. The
rumours were never encouraging and there's news about
another large customer that Novell lost to Microsoft.
The DHB has already announced it will dump its current Novell Netware and GroupWise authentication, email, calendaring, scheduling, task management and personal address books in favour of Microsoft Exchange and Outlook.
Not to worry. Novell and Microsoft are partners now (the word "alliance"
is used in the press. With friends like these, who needs enemies?
⬆
Comments
Alec Baldwin
2007-12-05 07:20:30
It's getting laughable. Are you seriously suggesting that Novell, in publishing it's financial results, is going to lie to the world? Or are you just a WUM? What is the point of your website? You undermine yourself by writing rubbish.
If you want to persuade people to boycott Novell because they are the great Satan, or have done such harm to the world, then let's hear reasoned argument, and logic, and some facts might be nice.
You clearly have no idea what you're talking about... not a clue.
Roy Schestowitz
2007-12-05 07:53:33
Novell massages the numbers
I find it curious that you show up when Novell's financial affairs are discussed. Where are you the rest of the time?
Ian
2007-12-06 16:58:14
This isn't a defense of Novell. It's a devaluation of that blog post.
Roy Schestowitz
2007-12-06 17:10:10