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

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To: PJ Strifas who wrote (28336)10/2/1999 3:06:00 AM
From: Scott C. Lemon  Read Replies (2) of 42771
 
Hello PJ,

> Let's face it, as an employee, even with stock options you are
> limited to what you can make. But as an entreprenuer of a new
> directory-enabled business applications company with a great
> relationship with the "directory services leader" you can
> practically own a marketspace.

I understand what I think you are saying, but if I look at the last annual report, Chris had 800,000 options, with only 125,000 vested. That's a little bit to leave on the table ... and if the stock price of Novell goes up (which is why we are all here ... ;-) then he stands to make a little bit of money! ;-)

> With the recent showings of IPOs, what would a company like this be
> worth in say 2-3 years? A few 100 Million?

Are you talking about Novell? Or the new start-up ... ;-) ;-)

In any case, I think that Chris has been contributing for several years now, and with the new management and additions in marketing, etc. there are more folks to take over. He's done his part ...

Scott C. Lemon
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