Wall Street Beat: Novell hits rough waters - Network World: "Open-source software offers one of the more exciting opportunities for users, IT investors and entrepreneurs, but Novell can't seem to capitalize on these trends."
Late last year, Novell reportedly had $1.6B cash and short-term investments; if that's still the case, the company's mkt cap minus cash/short-term investments just slipped below $1B (at the moment Yahoo! Finance reports NOVL mkt cap = $2.57B; meanwhile RHAT mkt cap = $5.31B).
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