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May 23, 2003

Washington Post: Novell Narrows Loss, Plans to Cut Costs


My spin: Novell, like other software companies, has a very tough fight. The economy is down and competition is heating up (continues to heat up) from all over. It's network operating system, Netware was the leading networking software for corporations but Microsoft and Linux are growing, growing and growing...

News Clip: SAN FRANCISCO (Reuters) - Software company Novell Inc. said on Thursday its quarterly net loss narrowed sharply compared with a year earlier despite continued weakness in the information technology market, and said it would cut costs to improve its performance.(full story)

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