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Novell loss narrows

By Staff Writers

Nov 22 2002 12:00AM

Novell has reported a net loss of US$91.7 million or 25 cents per share for its fiscal fourth quarter ending October 31, a slightly better result than its US$95.4 million net loss or 26 cents per share for the same quarter last year. This quarter, the company took charges for a write-down in real estate assets and venture investments. Revenues fell to $300 million from $316 million.

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