“Our price objective is based on a 40 times PE (price/earnings) applied to our new 2005 earnings per share estimate of $1.35.”
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“If they dont make bold moves in the next 12 months, theyll move into irrelevance.”
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“Red Hat is one of the best-positioned stocks in software and should be able to further capitalize on the growing demand for open source.”
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“Theyre positioning on-demand as a niche offer. Thats smart. If I was SAP, the last thing Id do is validate on-demand as the biggest trend in the software industry. Theyd be crazy to do that.”
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“Novell has the necessary resources to be a much more profitable enterprise but it currently lacks the vision, strategy and execution to produce respectable returns.”
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“The acquisition has effectively expanded Red Hats market opportunity in one of the fastest growing sectors of software.”
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