Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: E_K_S who wrote (17811)	10/7/1997 10:10:00 PM
From: E_K_S	of 42771

Word on the street (per Adam Lasinsky from SJMN) is that LBO investors representing "KKR" and "the Bass Brothers" of Texas have been seen here in Silicon Valley shopping for companies. Per the radio interview below, these LBO's are flush with money and are looking for low risk "High-Tech" companies to purchase. Their investment criteria includes (1) Long Hisory of active business (a large installed customer base would be a plus), (2) Hard assets (cash and real estate on the balance sheet) and no debt and (3) quick fix scenero (ie. install new BOB and/or management) through a management restructure. Investing in High Tech (http://www.marketplace.org/todayArchives/1997/10.07.shtml) "Marketplace host David Brancaccio talks with Adam Lasinsky of the San Jose Mercury News about the current rash of leveraged buyout firms that are investing in high tech companies." I listened to this interview and IMO Novell fit's the LBO criteria. Maybe Novell has been using their jet to fly out some of these LBO investors to take a look. Mr. Adam Lasinsky is a staff reporter for the San Jose Mercury News and did state that these LBO investors were seen here in the Valley last week. More things to ponder....... EKS (My opinions and I am only reporting what I heard on this NPR news report)

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