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Novell Under Pressure From Investors
UltimaGuy writes "The pressure is growing on Novell Inc's management to make major strategic changes after a regulatory filing revealed a Novell shareholder has joined Credit Suisse First Boston in calling for change at the identity management and Linux vendor. The steps proposed by the investment firm include cutting costs by targeting Novell's two corporate jets, its 'overstaffed' R&D department, legacy products, and its 400 NetWare engineers, as well as selling non-core businesses to enable funds to be redeployed."
I hope they don't keep the planes and fire the R&D people. But that's sort of what I expect they'll do.
It is about time to write to you Congress rep to asking that Congress demand that the Justice Department investigate this abuse of the courts to stiffle competition
Um... I don't think "pressure from investors" is quite the same as "abuse of the courts."
Since we (pretty much) know MS...
Yes, they were also behind the fake moon landings, and are really Halliburton's Seattle office. *sigh*
Don't disappoint your bird dog. Go to the range.
Well, if I'm gonna take Novell, I'll have to talk to the home owners association about parking spaces for those jets. And I've got room here for maybe a few dozen netware engineers. The rest will have to go in storage.
No boom today. Boom tomorrow. There's always a boom tomorrow. - Cmdr. Susan Ivanova
Admit it. CompanyX is HP, isn't it? ;-)
Would you please bring it back online again? We're unable to browse your CEO's e-mail without it.