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

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To: Paul Fiondella who wrote (30114)2/1/2000 9:24:00 AM
From: Spartex  Read Replies (2) of 42771
 
Pre-market busy. $34 1/4 on the bid 60,300 shares traded.

Is Eric announcing some more news today? =;-) Yep, here it is....

eBusiness Meets eDirectory - Novell and IBM to Offer
Integrated Best-of-Breed eBusiness Solutions

PR Newswire - February 01, 2000 09:16

Alliance Between Novell and IBM Will Offer and Support Integrated Network Platforms and
Applications for the Commercial Internet Environment

LONDON, Feb. 1 /PRNewswire/ -- Novell (Nasdaq: NOVL) and IBM today announced a strategic
alliance in Europe aimed at providing networking and software solutions for ebusiness customers. The
alliance will center around aligning the parties' sales organizations and go-to-market strategies to build
on the existing Novell(R) and IBM(R) product and technology agreements. As part of this
announcement, IBM will train a number of consultants as Novell Certified Directory Engineers(TM) and
establish a Novell solutions practice in all major European countries. This practice will deliver NDS
eDirectory(TM) based solutions to enterprise customers seeking to take advantage of the ebusiness
possibilities the Internet offers.

The synergy between Novell "in the Net" network systems and IBM software and services aims to
improve capabilities for organizations engaging in ebusiness. The two companies are working at various
levels on a marriage of technology, from caching and systems management, through to integrating Web
applications into the enterprise to create best-of-breed, cost-effective ebusiness solutions.

"Novell and IBM recognize the value proposition of working together and have identified numerous
business opportunities for the year 2000. Both companies are fully committed to the collaboration,"
explains Elis Nemes, vice president, Novell EMEA. "We are in a position to assist clients in using
ebusiness technologies to extend their enterprises and better manage their relationships with customers,
employees, and suppliers."

IBM's Mike Lawrie, EMEA general manager, further substantiates this, "IBM and Novell share a vision
on the benefits the Internet offers businesses and we are delighted to be working together on delivering
ebusiness solutions to the marketplace. The partnership goes far beyond the marriage of key products
and technologies, we have each committed to energizing our sales and support organizations around this
opportunity."

The integration of Novell and IBM technologies means that networks can be managed efficiently and
Web-based applications created and deployed quickly. Novell and IBM are sponsoring a 70-city
"ebusiness solutions" tour across EMEA to communicate the areas of collaboration.

Areas of collaboration:

-- The world's largest IT services organization, IBM's Global Services
will be training an elite team of professionals as Certified Directory
Engineers to ensure easy integration of both companies Internet
technologies. These consultants will be based in all major areas across
Europe.
-- Channel and business partners have been identified and are being
trained to sell and implement IBM's WebSphere(TM) application and
caching solutions.
-- IBM WebSphere, distributed with each new license of NetWare(R) 5.1,
offers customers an open, standards-based Java(R) runtime with Web
Development and Management Software.
-- The IBM Caching Appliance incorporating the Novell Internet Caching
System(TM), a world class caching solution, dramatically improves the
speed and efficiency of delivering Internet content to employees,
business partners and customers within business networks as well as
across the Internet.
-- Novell and IBM have integrated NetWare with IBM's Netfinity(TM)
servers, so the full potential of the high availability features and
caching can be delivered as a scalable, stable and manageable ebusiness
platform.
-- Both companies have agreed to an extensive program of training for the
field sales organization, as well as business partners.

According to Massimo Bonciani, EMEA vice president, IBM Software, Novell was an obvious choice
of partner to help drive its ebusiness proposition. "Pairing the industry's leading Web application servers
and complete, easy-to-use Web development tools with Novell's flagship, directory-based operating
system provides NetWare customers with a secure and reliable growth path as ebusiness needs
expand."

About Novell

Novell, Inc. is the broadest supplier of Net infrastructure software used to integrate and manage the
diverse information resources of private business networks and the Internet. Novell's worldwide
channel, consulting, developer, education and technical support programs are the most extensive in the
network computing industry.

For information on Novell's complete range of products and services, contact Novell's Customer
Response Center at 888-321-4CRC (4272), or visit Novell's Web site at novell.com.

Press may access Novell announcements and company information on the World Wide Web at
novell.com. In addition, detailed comparisons between Novell products and
competitive offerings from other vendors are available on the Web at novell.com.

About IBM

IBM is the world's largest information technology company, with 80 years of leadership in helping
businesses innovate.

IBM software offers the widest range of applications, middleware and operating systems for all types of
computing platforms, allowing customers to take full advantage of the new era of ebusiness. For more
information about IBM software visit software.ibm.com.

IBM Global Services is the world's largest information technology services provider, with 1999
revenues of approximately $32.2 billion. IBM Global Services helps companies of all sizes realize the
full value of information technology. For more information visit ibm.com.

Since 1998, IBM Netfinity servers have set over 42 performance records including seven No. 1
benchmarks. For more information about IBM Netfinity Servers, visit ibm.com.

NOTE: Novell and NetWare are registered trademarks and NDS eDirectory, Certified Directory
Engineer and Novell Internet Caching System are trademarks of Novell, Inc. in the United States and
other countries. IBM is a registered trademark and WebSphere, Netfinity and ebusiness are trademarks
of International Business Machines Corporation. Third-party trademarks are the property of their
respective owners.

SOURCE Novell, Inc.

/CONTACT: Maria Richardson of Novell, Inc., 44-1344-724000, or
maria_richardson@novell.com; or Gareth Cater of Hill & Knowlton,
44-171-413-3000, or GCater@hillandknowlton.com, for Novell, Inc./

/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 100266/

marketwatch.newsalert.com
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