Of some significance this past week, Jefferies raised its rating on Novell to a "Buy," arguing that the Linux and Identity Management vendor's revenue stream is "as stable as you can get during a recession." Novell has particular strength in the government sector, which is somewhat impervious to downturns.
Perhaps this is why a Novell director bought 10,000 more shares of stock?
I don't follow it closely, but this is the first time in a long time that I've seen any analysts upgrading Novell's stock. I have been hearing lots of confirming rumors that Novell's business is on the upswing (I mean,, which have also been good). It's good to see Novell doing well again.