Business software maker



was down 10.9% in preopen



After the close Thursday, the company said the second quarter's revenue would be even with the first quarter's and 2001 revenue would be down as much as 16% from the previous year.

Novell also posted a first-quarter profit of 1 cent a share, ahead of the Street's estimate of a break-even result but down from the year-earlier 13 cents.