Stockchase Opinions

William Wilby Novel NOVL-Q TOP PICK Oct 15, 2004

Linux based is the fastest growing segment of software. Likes better than Red Hat.
$6.760

Stock price when the opinion was issued

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PAST TOP PICK
(A Top Pick Jan 23/03. Up 100%.) Market is wondering how the company is going to use the money they raised via a debenture. Loves their alliance with IBM and wouldn't be surprised by an IBM takeover. Too early to tell. Still a Buy.
BUY
IBM is a major investor in this company. They are presently suing IBM
BUY
Likes this company. Over a billion in sales. IBM (IBM-N) has bought into the company. Linux platform makes a lot of sense. Company has been spinning it's wheels for quite awhile. Doesn't like everything they've done. In a good field.
TOP PICK
Not done well but seems to be turning a corner and are now making money. Deal with Microsofts and the Hewlitts of the world. Leaders in their field in terms of Linux. Balance sheet is in better shape. Have about $1 billion in cash and do over $900 million in revenue.
TOP PICK
Getting a takeover offer. Thought for years that it would eventually get taken over. They had a lot of the shape of a company that eventually someone would take a run at. It really has not done that well.
DON'T BUY
A hedge fund made an offer Mar 2/10. It’s trading above the offer. Would not be surprised if there were additional offers.
PAST TOP PICK
(Top Pick Aug 7/09, Up 30%) An offer to take over came in. They created some interest. Still could have a takeover but at a much higher price. A takeover would likely be finalized before the end of December.
PAST TOP PICK
(Top Pick Aug 7/09, Up 25%) A takeover bid came in. He thinks they would be worth more. Their revenues are coming down, though. Hopes another bid comes in in the next couple of years.
PAST TOP PICK
(Top Pick Mar 3/10, Down 4.85%) Are being aquired, but some of the intellectual property is being sold to a third party related to Microsoft, which has cause anti-trust problems. He is willing to hold on to the stock. A lot of his stocks over the years have been taken over, so he just sits and waits.