Saturday, June 03, 2006

Novell Taking a Beating...


This article shows Novell's continuing problems in the past quarter. Although a series of press releases by Novell attempt to paint a different picture, the numbers don't lie. I think this sentence says it all, "Cashflow from operations was a negative $24m, up from a negative $25m."

What does this mean for Novell's identity offering? Well, nothing in the article focused on their identity offering, but they are not as visible as they once were (18 months ago) in third party reports and such. Anyhow, it's something to keep an eye out for.

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