Friday, June 23, 2006

Novell's New Guard

Novell's New Guard: "In a morning call with analysts, Hovsepian pledged to “accelerate growth.” He said that could include “organic and inorganic” growth and other means of “enhancing shareholder value.” Moves could include putting some of Novell’s $800 million in cash to work through a gutsy acquisition of another open-source software distributor such as MySQL or a startup like Spikesource or by doing more aggressive stock buybacks."

Hmm -- IIRC, that number was closer to $1.6B not so long ago.

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