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Linux in a Nutshell, Fourth Edition

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Novell delays '06 profit report as stock-option audit continues

Publication:The Salt Lake TribuneDate:Jan 18 2007
Reporter:Bob Mims

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Novell Inc. says an ongoing review of how the company grants stock options has forced it to indefinitely delay releasing final earnings results for fiscal 2006.

The Linux and networking software company, which employs about 1,500 people in Utah, announced in August that it had hired an outside law firm to check into its options. The Waltham, Mass., company's third-quarter earnings report to the Securities and Exchange Committee also was delayed.




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