Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

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Jan 9 9:30 AM EST

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To: Sonki who wrote (8376)	8/25/1997 11:50:00 AM
From: Brian Malloy	of 27012

Sonki, Businessweek is a must read. I think you will find a possible explaination for Novl in the current issue. I have a little extract here but it will be best to read the whole article. Brian THERE'S NO LOOKING BACK FOR ERIC SCHMIDT He knew Novell was hurting when he left Sun, but... businessweek.com Is the worst over? Schmidt thinks so, and Wall Street is cautiously optimistic. Furman Selz projects that revenue will bounce back to $325 million in the fourth quarter. That's still 15% below last year's level but enough to produce a $50 million profit for the quarter--and push Novell into the black for the year. Analysts expect profit of about $48 million for 1997, vs. $126 million in 1996. For 1998, the picture is even brighter: Wasserstein Perella & Co. analyst Stephen C.Dube says revenue could hit $1.5 billion, near Novell's 1995 peak of $1.63 billion (excluding sales from businesses it has sold). The engine for growth will be new products. In early 1998, Novell will ship a new version of NetWare, code-named Moab, that builds on the Net's basic standards and will work with Sun's Java software. More important, this fall the company will ship the first products that don't depend exclusively on NetWare.

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