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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (16229)	11/25/1998 4:35:00 AM
From: TokyoMex	Respond to of 119973

Yuppo ..Rande..

To: Rande Is who wrote (16229)	11/25/1998 4:42:00 AM
From: TokyoMex	Read Replies (2) \| Respond to of 119973

Novell's 4th-Quarter Earnings Surpass Projections By LAWRENCE M. FISHER Novell Inc. reported fourth-quarter earnings that exceeded estimates by Wall Street analysts, and attributed the performance to strong sales of the new version of its network operating system, Netware 5. Novell announced its results after the close of the market. Shares of Novell closed at $17.38, down 63 cents, in trading on the Nasdaq market. For the quarter ended Oct. 31, Novell had earnings of $42 million, or 12 cents a diluted share, more than five times the $7.2 million, or 2 cents a share, reported in the period a year earlier. Revenues rose 10.5 percent, to $297.6 million from $269.3 million in the fourth quarter of fiscal 1997. Analysts expected Novell to earn 9 cents a share, according to the First Call Corporation. "The strategy is clearly working," said Novell chairman and chief executive Eric Schmidt in a telephone interview. "My strategy was to turn this thing into a viable robust business and I think we have done that," he said. "A lot of it was due to Netware 5, but we saw business up across many product lines." Netware 5 is the first release of Novell's operating system to adhere completely to Internet-based standards rather than its own internal set of rules and practices. The program also incorporates Novell's directory services technology for identifying and locating myriad users and computers across multiple networks. During the quarter, Novell signed agreements with Cisco Systems Inc., Lucent Technologies and Nortel under which they will incorporate Novell directory technology in their products. "My objective to establish Novell as an Internet company is being achieved," Schmidt said. "As we flesh out the strategy, the real value is in applications we develop that use the directory," he said. These are primarily network management programs for large enterprises. "It's a very big space because people have huge problems in this area," he said. For the year, Novell reported earnings of $102 million, compared with a loss of $78.3 million in fiscal 1997. Revenues rose 8 percent, to $1.08 billion from $1.01 billion. Related Sites These sites are not part of The New York Times on the Web, and The Times has no control over their content or availability. Novell Inc. Wednesday, November 25, 1998 Copyright 1998 The New York Times