Friday, June 23, 2006

NOVELL: Novell Reports Financial Results for Second Fiscal Quarter 2006

NOVELL: Novell Reports Financial Results for Second Fiscal Quarter 2006: "Cash, cash equivalents and short-term investments were $1.3 billion at April 30, 2006, down $347 million from last quarter primarily due to cash used to repurchase common stock and the acquisition of e-Security."

Let's assume $1.3B today, with mkt cap ~$2.2B and revenue in its most recent quarter of $278M...

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