Linked by Thom Holwerda on Sun 5th Mar 2006 13:34 UTC, submitted by Moule
Novell and Ximian "It was not the best of quarters for Linux vendor Novell. When Novell announced its financial results for its first fiscal quarter, which ended Jan. 31, 2006, it reported revenue of $274 million [EUR 227 million], compared to revenue of $290 million [EUR 241 million] for the first fiscal quarter 2005. This was a decline from the previous quarter in which Novell had reported $320 million [EUR 266 million] of revenue."
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Its time to buy Novell Stock
by marpaco on Sun 5th Mar 2006 14:35 UTC
marpaco
Member since:
2006-01-01

Personally, I see the sharp drop in Novell stock that resulted after the posting their financial statements as a blessing. This only means that the stock is cheaper and therefore time to buy.

Many of the enhancements that Novell Linux Desktop and SUSE Linux Enterprise will introduce in the months to come will have Novell's Linux OS and their great products like iFolder and Mono running on many new computers. As 2006 come to a close the Novell stock will be up well over $2 from its actual $7.90 closing price of Friday.

Reply Score: 1

Get a Life Member since:
2006-01-01

So how many shares are you buying Monday?

Reply Parent Score: 1

marpaco Member since:
2006-01-01

Just bought 500 more common shares ;)

Reply Parent Score: 1

RE: Its time to buy Novell Stock
by Jamie on Sun 5th Mar 2006 15:21 in reply to "Its time to buy Novell Stock"
Jamie Member since:
2005-07-06

Many of the enhancements that Novell Linux Desktop and SUSE Linux Enterprise will introduce in the months to come will have Novell's Linux OS and their great products like iFolder and Mono running on many new computers.

Not necessarily true I'm afraid. I expect distros like RedHat and Ubuntu to be every bit as good and the mono thing could easily backfire especially as .Net on windows is only really making waves in the web (asp.net) departments and not so much on the desktop where "pure" .Net apps are more likely to be resource hogs.

If I were Novell, I would flog off Suse and sell it to the highest bidder - they gain very little from having to spread their resources so thin. If Gnome is going to be their preferred desktop then why support both?

I would also be a bit more cautious with mono - Can they make it a lot better than MS version?

Can they eliminate the bloat, improve memory consumption and create a killer developer tool that uses gcc to create stand alone and less bloated apps much like gcc does for Java? (Jit's sux for desktop use)

Can they also get C Python to work on it flawlessly and so make it a truly world class development platform for Linux?

As someone who is programming in C# and Asp.net on Windows, I would like to use C# in linux too but the above needs to be addressed otherwise mono becomes a luxury for only those with beefy machines and loads of RAM.

Reply Parent Score: 1

alcibiades Member since:
2005-10-12

http://www.marketwatch.com/tools/quotes/intchart.asp?symb=NOVL&site...

Catching falling knives.... No rush, let it bounce on the kitchen floor first.

Reply Parent Score: 1

marpaco Member since:
2006-01-01

Good point ;) . I should have been more specific and recommend prudence and research. However, I stand by my opinion. Novell is a great company and its future is bright.

Reply Parent Score: 1

segedunum Member since:
2005-07-06

Many of the enhancements that Novell Linux Desktop and SUSE Linux Enterprise will introduce in the months to come will have Novell's Linux OS and their great products like iFolder and Mono running on many new computers.

Talking about new enhancements and products that have been around for quite a long time, like Mono and iFolder, isn't going to make the situation any better.

People seem to equate popularity of products, particularly in the open source community, as something that will boost Novell's revenue. It's a bad mistake.

As 2006 come to a close the Novell stock will be up...

Wow. That's a major prediction based on thin air.

Reply Parent Score: 4