Wednesday, March 14, 2007

Sell Novell

Standard & Poor's has just downgraded Novell's stock from SELL to STRONG SELL. In the bulletin they say:

"We forecast sharp declines in Novell's legacy businesses will more than offset our projected 50% growth in Linux Platform Products revenue. In addition, we believe cost-saving initiatives for the second half of fiscal 2007 (ending October) will adversely affect sales."


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