SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Howarth who wrote (21645)4/12/1998 1:35:00 AM
From: Jack Whitley   of 42771
 
<<The billion generates 50-60 million a year in cash that can be used
to pay software people to develop great products, which is what the
company needs to generate great cash flow, which the company should then use to buy back its shares.>>

I think stock buy backs can only help shareholders, but Novell's case is special (understatement). I agree with Bob and his paragraph above, except that I would have added the phrase at the start - "In the absence of the ability to count on current operating profits to fund new development".

Also, having a war chest "fully funded" is going to make any "copycats" think twice before trying to pilfer code. I don't think that would be the case if Novell was teetering on the edge of insolvency, or appeared to be short on cash, which they are not.

jww
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News