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: Elmo Gregory who wrote (20455)	2/27/1998 10:17:00 PM
From: E_K_S	Read Replies (2) of 42771

Thank's Elmo - Excellent site and timely information! I am totally disgusted with the prior management and the current BOD. It is interesting to see the list of Plaintiffs. I know we suspected Marangie, Young and Tolonen but Elaine Bond...she never even attended the 1997 annual meeting. I talked with Tolonen after the meeting last year but failed to ask him about their internal accounting controls for sales into the channel. It appears to me that CEO Schmidt was hired to be the "Chief Technology officer", not the CEO. But I think the BOD got more than they bargained for. Maybe if CEO Schmidt is allowed to replace some of those board seats in the next BOD election, he will be in a better position to implement "his" own turnaround. Good luck with your holdings. I still think with the right management and marketing plan Novell could be a great company. It's just that with these latest events, I believe many more upper management changes still need to be made. As we know, these things take time. EKS

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