● 12.08.08

●● Red Hat Surges 32 Percent While Novell Declines

Posted in Finance, Microsoft, Novell, Red Hat, Servers at 12:25 pm by Dr. Roy Schestowitz

The Anti-Red Hat Pact

Novell’s latest results were rather poor and the following new article makes it apparent that Novell’s alliance with Microsoft turned out not as was hoped.

Red Hat Defies Market Pressures, Jumps 32%

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The biggest loser of the week was Novell (NASDAQ: NOVL) with a loss of 11 percent. Novell reported a fourth quarter loss of 5 cents per share. Net revenue losses were $16 million versus $18 million for the same quarter last year.

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Microsoft is concerned enough about its own situation amid financial issues, so keeping Novell afloat is not necessarily a priority.

Some Novell sites use (or used) Fedora and so do some of Microsoft's. Red Hat is left victorious on the server, despite a ruthless patent plot against it. █

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