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$4.76 -0.08 (-1.55%)
10/7/2008 11:21 AM

Novell, Inc. (NOVL)

CAPS Rating:
**

The Company designs, develops, maintains, implements and supports proprietary and open source software for use in business solutions.

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Avatar lilsim89 (< 20) Submitted: 8/08/07 2:33 PM : Outperform Start Price: $6.49 NOVL Score: 3.12

Novell, a mid-cap tech stock, has had its price beaten down hard by uncertainty of its future, and competition in its current market- support for the deployment of its SuSE Linux operating system, and Novell's middleware applications, such as the once ever-popular GroupWise, and eDirectory. Novell's picture has been out of the limelight recently because of the performance of one of its major competitors, Redhat. That's sure to change as the Linux name gets around more, putting more strain in the marketing department of both companies to instill consumer's awareness of these companies names. Novell's budget, though more restrained than Redhat's, is likely to include more marketing- And in this time for Linux, that may put Novell over the hedge above Redhat. I put Novell as a buy, and expect it reach $10 at the end of this calendar year.

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