Is Novell Poised for a Turnaround? It Doesn't Look Like It
I didn't intend to pick on Novell when I woke up this morning. But I have to admit: My eyes rolled back in disbelief when I read TheStreet.com's story headlined "Novell Turns It Around." Is that the Novell you all know -- or is it merely a financial writer trying to pump up a company that remains in transition?
TheStreet.com claims Novell has done "a great job revitalizing its prospects by focusing on customers' shift toward open-source software such as Linux."
Oh, really? Is this the same Novell that in every quarter for more than a year either missed analysts' targets or made disappointing forecasts? Is this the same Novell where less than 10 percent of annual revenue is actually open source-related? Is this the same Novell that upset the open source community by signing away its soul to Microsoft?
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Reality Strikes
You can tell he has been reading boycottnovell.com for quite a few months... and he's not the only reporter who does. AT least it helps them get past the PR drivel and see the real issues, as the community (customers) understands.