05.25.07

Gemini version available ♊︎

Novell Stock Buyback Speculations; Expansion Overseas; Sentinel 6 is Out

Posted in Asia, Finance, Marketing, Novell at 11:03 pm by Dr. Roy Schestowitz

Over at SeekingAlpha, Eric Savitz opines that Novell might initiate stock buybacks, just like Microsoft. Additionally, following what might become a trend, we also hear about an aggressive hiring programme in India.

Novell has appointed Naresh Shah as managing director of Novell India Development Centre in Bangalore. This appointment adds onto his current role in Novell as vice president of Global Engineering Strategy. Naresh brings to Novell over 20 years of experience in the technology industry in Asia. Prior to this, he was product manager for Lucent for Mexico, with added responsibilities of managing Lucent’s relationship with AT&AT and its joint ventures in the Asia Pacific region. Novell’s India Development Centre is the second largest R&D centre for Novell worldwide and it is continuing its rapid expansion plans through an aggressive hiring programme.

Meanwhile, Novell has announced the availability of Sentinel 6.

Novell today announced that its next-generation real-time security event management product, Sentinel 6 from Novell, is generally available worldwide.

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

Decor ᶃ Gemini Space

Below is a Web proxy. We recommend getting a Gemini client/browser.

Black/white/grey bullet button This post is also available in Gemini over at this address (requires a Gemini client/browser to open).

Decor ✐ Cross-references

Black/white/grey bullet button Pages that cross-reference this one, if any exist, are listed below or will be listed below over time.

Decor ▢ Respond and Discuss

Black/white/grey bullet button If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

A Single Comment

  1. Shane Coyle said,

    May 25, 2007 at 11:09 pm

    Gravatar

    A bit about buybacks for those of us who are finance-impaired (me):

    Buy-backs are intended to give investors increased confidence. The logic goes something like this: if a company buys back its own stock, the share price should go up – first, there are fewer shares outstanding after the buy-back so each share represents a greater portion of the company’s total equity, and second, with fewer shares outstanding the company’s earnings per share and book value per share figures should look more attractive, which might have a positive effect on the stock. A buy-back is also said to counteract the dilutive nature of employee share incentive schemes. But buy-backs do not always result in the share price going up. For one thing, the company has had to spend some of its cash reserves – which really belong to the shareholders anyway. While the buy-back seems to counteract the dilutive effect of employee stock options, all companies are really doing is transferring the problem: the dilutive effect of the employee share incentive schemes is now directly visible on its balance sheet where that huge pot of cash used to be. But just as importantly, by definition buying back stock means that the company feels there is no better way of using that cash reserve than ploughing it into the stock markets to buy its own shares – it does not feel that investing that cash in additional personnel, assets, intellectual property, or even other businesses would be a better use of that money. For some, it could be seen as the last desperate measure of a management team which has run out of inspiration.

DecorWhat Else is New

  1. IRC Proceedings: Thursday, March 23, 2023

    IRC logs for Thursday, March 23, 2023

  2. Links 24/03/2023: Social Control Media Bans Advancing

    Links for the day

  3. Links 24/03/2023: GNU Grep 3.10 and Microsoft Accenture in a Freefall

    Links for the day

  4. Links 23/03/2023: RSS Guard 4.3.3 and OpenBSD Webzine

    Links for the day

  5. Experiencing 15 Years of LibrePlanet Celebration Firsthand as a Volunteer: 2023 - Charting the Course

    Article by Marcia K Wilbur

  6. [Meme] Grabinski the Opportunity

    Reports of European Patents being invalidated (judges do not tolerate fake patents) have become so common that a kangaroo court becomes a matter of urgency for the EPO‘s Benoît Battistelli and António Campinos; will the EU and the EPO’s Administrative Council go along with it, helping to cover up more than a decade of profound corruption?

  7. Union Syndicale Fédérale Cautions the EPO's Administrative Council About Initiating an Illegal Kangaroo Court System for Patents (UPC) While EPO Breaks Laws and Sponsors the Ukraine Invasion

    Union Syndicale Fédérale (USF) is once again speaking out in support of the staff union of Europe's second-largest institution, which lacks oversight and governance because of profound corruption and regulatory capture

  8. Investigation Underway: Sirius 'Open Source' Embezzled/Stole Money, Robbed Its Own Staff

    In light of new developments and some progress in an investigation of Sirius ‘Open Source’ (for fraud!) we take stock of where things stand

  9. [Meme] Sirius 'Open Source' Pensions: Schemes or Scams? Giving a Bad Name to Open Source...

    What Sirius ‘Open Source’ did to its staff is rightly treated as a criminal matter; we know who the perpetrators are

  10. Sirius 'Open Source' Under Investigation for Pension Fraud, Several Pension Providers Examine the Facts

    2 pension providers are looking into Sirius ‘Open Source’, a company that defrauded its own staff; stay tuned as there’s lots more to come. Is this good representation for “Open Source”? From a company that had many high-profile clients in the public sector?

  11. Links 23/03/2023: Sparky 2023.03 Special Editions and SUSE Changes CEO (Dirk-Peter van Leeuwen)

    Links for the day

  12. Links 23/03/2023: Linux 6.2.8 and XWayland 23.1.0

    Links for the day

  13. IRC Proceedings: Wednesday, March 22, 2023

    IRC logs for Wednesday, March 22, 2023

  14. Apple 'Porn' Filter

    Guest post by Ryan Farmer: Apple and US State Governments Developing System to Require People to Report Themselves for Watching Porn.

  15. 3.5 Years Later Gemini Protocol and Geminispace Are Still 100% Community-Controlled

    Community-centric alternatives to the World Wide Web have gained traction; one of them, Gemini Protocol, continues to grow in 2023 and we're pleased to report progress and expansion

  16. Windows Falls to 16% Market Share in India (It was 97% in 2009), Microsoft Layoffs Reach India Too

    This month’s picture from the world’s most populous nation does not look good for Microsoft (it looks good for GNU/Linux); anonymous rumour mills online say that Microsoft isn’t moving to India but is actually firing staff based in India, so it’s a case of shrinking, not offshoring. When even low-paid (much lower salaries) staff is discarded it means things are very gloomy.

  17. Links 22/03/2023: GNOME 44 “Kuala Lumpur”

    Links for the day

  18. Microsoft Has Also Infiltrated the OSI's Board of Directors After Rigged Elections

    Weeks ago we warned that this would happen and for the third or fourth time in 2 years the OSI’s election process broke down; today the Open Source Initiative (OSI) writes: “The polls just closed, the results are in. Congratulations to the returning directors Aeva Black…” (Microsoft employee)

  19. Links 22/03/2023: Official Thunderbird Podcast Starts

    Links for the day

  20. IRC Proceedings: Tuesday, March 21, 2023

    IRC logs for Tuesday, March 21, 2023

  21. Many More Microsoft Layoffs Later Today

    Yesterday we shared rumours about Microsoft layoffs being planned for later today (there were 3 waves of layoffs so far this year). There are several more people here who say the same. How much noise will Microsoft make in the “media” in order to distract? Will the chaffbot "ChatGPT" help create enough chaff?

  22. Links 21/03/2023: JDK 20 and GNOME 43.5

    Links for the day

  23. Germany's Lobbyists-Infested Government Sponsors the War on Ukraine via the European Patent Office (EPO)

    The chief UPC ‘judge’ is basically seeking to break the law (and violate constitutions, conventions etc.) to start a kangaroo court while dodging real courts, just like Vladimir Putin does

  24. [Meme] The Meme That Team UPC (the Collusion to Break the European Laws, for Profit) Threats to Sue Us For

    António Campinos and Team UPC are intimidating people who simply point out that the Unified Patent Court (UPC) is illegal and Klaus Grabinksi, shown above, strives to head a de facto kangaroo court in violation of constitutions and conventions (the UK does not and cannot ratify; Ireland hasn’t even held a referendum on the matter)

  25. Microsoft is Sacking People Every Month This Year, Even Managers (While Sponsored Media Produces Endless Chatbot Chaff)

    Lots of Microsoft layoffs lately and so-called ‘journalists’ aren’t reporting these; they’re too busy running sponsored puff pieces for Microsoft, usually fluff along the “hey hi” (AI) theme

  26. 3 Months Late Sirius 'Open Source' Finally Deletes Us From the Fraudulent 'Meet the Team' Page (But Still Lists Many People Who Left Years Ago!)

    Amid fraud investigations the management of Sirius ‘Open Source’ finally removed our names from its “Meet the Team” page (months late); but it left in the page about half a dozen people who left the company years ago, so it’s just lying to its clients about the current situation

  27. Amid Fraud at Sirius 'Open Source' CEO Deletes His Recent (This Month) Past With the Company

    Not only did the Sirius ‘Open Source’ CEO purge all mentions of Sirius from his Microsoft LinkedIn account; he’s racing against the clock as crimes quickly become a legal liability

  28. Web Survey Shows Microsoft Falling Below 15% Market Share in Africa, Only One Minuscule African Nation Has Windows Majority

    A Web survey that measured Microsoft Windows at 97% in Africa (back in 2010) says that Windows has become rather small and insignificant; the Microsoft-sponsored mainstream media seems to be ignoring this completely, quite likely by intention...

  29. Rumours of More Microsoft Layoffs Tomorrow (Including Managers!), Probably Azure Again (Many Azure Layoffs Every Year Since 2020)

    Amazon is laying off AWS staff and Microsoft has been laying off Azure staff for 3 years already, including this year, so it seems like the “clown computing” bubble is finally bursting

  30. [Meme] EPO's Management Brainstorm

    The story behind a misleading slogan told above

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts