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  1. 1. ITtoolbox E-Business News Headline
    ebusiness.ittoolbox.com/news/d - [Cached]

    Published on: 12/23/2000   Last Visited: 1/17/2001

    "The next 18 months are going to tell the tale," said Jamie Burton, chief researcher at The Burton Group. "Unless Novell really comes out and is able to change the perception of itself and its products, then Novell will become an increasingly more attractive takeover target."

    He compared Novell to Netscape, which also fought Microsoft before being bought by America Online. AOL has been mentioned as a possible bidder, along with IBM, Lucent, Sun and others. Novell shares ended Wednesday at $5.94, down more than 85 percent from a historic peak of about $44.50, reached in February.

    Schmidt brushes off any inquiries about a takeover, pledging to spend the next year boosting image and raising revenue in a jittery stock market and a tightening capital market.

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