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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Bruce Weisman who wrote (19527)1/11/1998 1:32:00 PM
From: Don Earl   of 42771
 
Hi Bruce,

As I recall from a conversation with investor relations a few months ago total Asian sales are 14%. 4% of that coming from China (what I was concerned about when I called) and most of the rest coming from Japan. Sales are in US currency or equivalant. Shouldn't be a big deal since Japan and Hong Kong have devalued less than 5% since April.
An IPO with Novells products and good marketing could probably do more business in those countries than Novell does in the US. Asia is NOT the problem.

Regards,

Don
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