Hi Joe...Articles about Novell
Here are this week articles about Novell from CMP, nothing exciting:
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Net Spurs Certification Need
Computer Reseller News, August 04, 1997
techweb.com
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Novell May Go With Netscape Web Server
Information Week, August 04, 1997
techweb.com
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Net Ties for NetWare-Mini Gateway
Communications Week, August 04, 1997
techweb.com
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IBM Advances Directory Strategy
Communications Week, August 04, 1997
techweb.com
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About Q3-97 expectations
The numbers posted by Elmo from various sources (-$.08 to -$.15) appear to be rosy. If one follows their guidance in the conference call, -$.20 (excluding layoff charges) is more likely. However, they maybe able to improve the results by:
1. Taking credit for the 20M in reserve from Q2, about $.06.
2. Reduce expenses by an additional 10M (from 280M to 270M), about 03.
The net result would be around -$.11
About Q3 Announcement
According to the company, Q3 results will be announced on 8/20 after the market closes (10% chance), or on 8/21 after the market closes (90% chance). In either case, this is good news. Typically, when the results are bad, the announcement comes at the end of the month. Q4-96 results which were good (although padded by channel stuffing) were announced early. From the announcement date, I expect Q3 results to meet or slightly exceed expectations.
Regards
Salah |
