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In brief: IP market proves profitable for Novell

By Julian Goldsmith

Published: 21 August 1998 16:35 GMT

Novell has reported a profit for a third consecutive quarter. The company said it made a net income of $27m, compared with a loss of $122m in the same period last year.

Eric Schmidt, CEO of Novell, said the results were a vindication of the company's strategy to focus on the IP market.

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