● 01.16.11
●● Co-founder of Novell Sells His Company
Posted in Novell at 2:27 pm by Dr. Roy Schestowitz
Summary: Move Networks has eventually found a buyer, Echostar
Echostar is reported to have bought Move Networks. And its relevance: “The firm had been founded and ended up again in American Fork, Utah where founder Drew Major, a co-founder of Novell, is located.” Techrights mentions EchoStar quite a lot in reference to TiVo’s patent case. We previously reported shutdown.
Novell too will soon follow the footsteps of Move Networks. Here is a new article that recalls Novell’s golden age: “Don designed and launched Novell’s much-emulated global Authorized Dealer Program in the late 80′s. He currently heads the Capital Formation Committee for the Northern Virginia Technology Council.”
Also new:
I owned it a few years ago but its debt load scared me away in the past few years. Now the company has pulled debt down to less than stockholders’ equity, so I will take another look. The P-E is four. Back in 1995, Novell of Waltham, Massachusetts, had $2bn in revenue and was considered a rival to Cisco Systems in computer networking.Cisco was then only 10pc larger than Novell by revenue. Today, with revenue below $1bn, Novell is less than 3pc of Cisco’s size. In November it agreed to be purchased by Attachmate for $2.2bn.
Novell is a story of failure after formation, then renaissance under Noorda’s leadership, followed by fast decline due to Microsoft. Below we are putting the past month’s financial news of Novell (NOVL) because the company will soon be taken off the market, assuming the takeover is OK’d. █
LOOK FOR SHARES OF NOVELL TO POTENTIALLY PULLBACK AFTER YESTERDAY’S 0.17% RISE (NOVL)Tech. Stocks Mixed Today (HPQ, Oracle, Novell)NASDAQ Momentum Stocks Report: LTX-Credence, (NASDAQ:LTXC), Entegris, (NASDAQ:ENTG), Novell, (NASDAQ:NOVL)Major Stock Movers On Monday (Novell, H&R Block, SAI, WMT)Best Relative Performance in the Systems Software Industry Detected in Shares of Oracle (ORCL, RADS, VMW, NOVL, RHT)Novell (NOVL) Approaches New Upside Target of $6.00NOVELL SET TO POSSIBLY PULLBACK AFTER YESTERDAY’S RALLY OF 0.25% (NOVL)NASDAQ Hot Stocks to watch are – PWER, FSLR, SOLR, NOVL, ESRXStocks with Downward Movements at NASDAQ – WIN, JASO, ACAS, NOVL, MIPSPERVASIVE SOFTWARE OFFERS INVESTORS THE BEST VALUE IN THE SYSTEMS SOFTWARE INDUSTRY (PVSW, VSNT, TSYS, NOVL, CA)Technology Stocks Alert (Ciena, Alcatel-Lucent, Maxim Integrated Products Inc, Novell)MYL, CMCSK, SBUX, NOVL, LLNW – Stocks to watch at NASDAQVMware Worth $128 On Acceleration In Virtualization TrendNoticeable Movements at NASDAQ – ARTG, ELNK, LOCM, NOVL, AVNRMNKD, WEST, ROVI, BIDU, NOVL – Notable Stocks with Volume at NASDAQImprivata Tops Single-Sign-On SatisfactionFALCONSTOR SOFTWARE IS AMONG THE COMPANIES IN THE SYSTEMS SOFTWARE INDUSTRY WITH RELATIVELY LOW FREE CASH FLOW PER SHARE (FALC, XATA, NOVL, VDSI, PVSW)Technology Stocks In Focus (NOVL, FTR, TER, AKAM)NASDAQ Hot Stocks to watch are – EMKR, NOVL, BANR, GNVC, URRE NASDAQ Stocks to Watch at Technology Sector – NOVL, FLEX, RFMD, TLABPuts Purchased on Novell, Inc. (NOVL)Unusual Options Activity Review – V, MA, AXP, WPI, REE, M, CECO, TSLA, NOVL, LGF, .SPX, .VIX, XLENASDAQ Upbeat Stocks Highlights – WIN, FCEL, SNIC, ACAS, NOVLLOGI, ACAS, SNIC, AKAM, NOVL – Stocks to watch at NASDAQRovi is Among the Companies in the Systems Software Industry With the Best Relative Performance (ROVI, ARBA, SYMC, NOVL, MFE)ACAS, FNSR, JBLU, BRCM, NOVL – Notable Stocks with Volume at NASDAQNASDAQ Stocks Watchlist: Flextronics, NASDAQ:FLEX, Conexant Systems, NASDAQ:CNXT, Novell, NASDAQ:NOVLTop 10 Software Stocks with Highest Return on Assets: MSFT, RLRN, CTCH, EBIX, NOVL, MMUS, CKSW, CNIT, CHKP, MSTR (Dec 29, 2010)Mid Cap Stocks To Watch (CIM, NOVL, IRE, RF)Most Active NASDAQ Losers (Cisco Systems, NOVL, SNSS, DRYS)SHARES OF TELECOMMUNICATION SYSTEMS POTENTIALLY UNDERVALUED IN TERMS OF EV TO FORWARD EBITDA RATIO (TSYS, PVSW, SYMC, NOVL, MSFT)Unusual Options Activity Review – POT, SHLD, NBL, XING, AVP, NOVL, ZALE, IGT, .SPX, .VIX, XLFNOVL, LVLT, HBAN, MU, XOMA – Notable Stocks with Volume at NASDAQNASDAQ Volume Gainer Stocks Alert: Intel, NASDAQ:INTC, Microsoft, NASDAQ:MSFT, Novell, NASDAQ:NOVLNOVL, LVLT, HBAN, MU, XOMA – Notable Stocks with Volume at NASDAQRelatively Good Performance Detected in Shares of Sourcefire in the Systems Software Industry (FIRE, ROVI, BMC, CHKP, NOVL)NASDAQ Stocks above SMA200 – LINTA, TTWO, XLNX, NOVL, ATVISTX, CY, STLD, NOVL, ACAS – Notable Stocks with Volume at NASDAQTech. Stocks Closed Mixed (NOVL, TLAB, Net App Inc., SONS)NASDAQ Hot Stocks to watch are – CY, ATLS, ACAS, NOVL, PAYXUnpopular stocks worth your attentionNASDAQ Volume Active Stocks are – OREX, CTSH, NOVL, ASML, SOLRAKAM, NOVL, ATVI, BIDU, SYMC – Notable Stocks with Volume at NASDAQNoticeable Stocks at NASDAQ – AAPL, BIDU, DTV, NOVL, SYMCNOVL, ARMH, ORCL, MU, AMAT – Stocks to watch at NASDAQMix Stocks under Consideration at NASDAQ – STX, NWSA, NOVL, MYL, XING10 Stocks Dragged Down by Bearish Momentum and Institutional Selling
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