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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Steve Fancy who wrote (18481)11/13/1997 12:51:00 AM
From: Don Earl   of 42771
 
Hi Steve,

You're right. I never got a single word back from the e-mail I sent Novonyx. If you ask Novell IR about Novonyx they just say it's an independant company and they don't know anything about it. Pretty hard to believe when you consider they used our money to set it up! From press releases I've read, I understand the first Novonyx product out the door is going to be in direct competition with Group Wise. Also, from what I understand Group Wise is the only Novell product at this point that is showing year over year growth. Further more, from what I understand the only thing Novonyx is doing is setting up Netscape products to run on Net Ware. I don't believe I've seen anything anywhere that indicates ANY Novell products will be marketed through the new company.

The only way any of this could possibly help Novell share holders is if Novonyx was created to merge Netscape/Novell products before merging the two companies.

If that is not the plan, maybe the next big announcement will be a similar agreement with Microsoft, so Microsoft can sell to Novells' installed base. I'm sure there would be lots of wonderful PR about what a great deal that would be for Novell.

Those 900,000 options of Schmidts, were they calls or puts?

Regards,

Don
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