Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: vinod Khurana who wrote (3546)	9/13/1996 9:41:00 PM
From: vinod Khurana	of 42771

PC-WEEK: Robert Frankenberg's resignation last month as chairman, president and CEO of Novell continues, indeed escalates, uncertainty about the future of the company. Now under the leadership of Joe Marengi as president and John Young as chairman of the board, observers say Novell needs to start delivering on product promises and moving the company more quickly into the age of the Internet. Signs of trouble were there: Several high-level resignations earlier this summer, and plunging sales and earnings. During the third quarter, Novell's sales declined to $365 million from $538 million in the year-ago period. Net income plunged to $59 million from $102 million in the quarter, with earnings per share dropping from 27 cents to 17 cents. Commentary Novell needs to come out of hiding The latest Young vows to help Novell 'get things moving' New Novell management promises swift, aggressive steps Daunting challenges will face Frankenberg successor Novell users focus on products, not personalities String of product delays marred Frankenberg tenure Marengi vows to call them like he sees them Young's record at HP could bode well for Novell As the new management at Novell charts its course, listen to what John Young and Joe Marengi had to say in the aftermath of Robert Frankenberg's surprise resignation. Charlie Cooper was there and he has the update. Lack of execution seen behind Frankenberg's resignation Frankenberg out, Marengi and Young in as Novell shuffles deck Earlier news reports Novell loses $55.4 million in Q2 Novell top ranks thinned as two senior execs depart Frankenberg's own words Frankenberg urges Novell to 'take the offensive' NetWare-to-Net evolution: An interview with Robert Frankenberg NetWare progressing into Internet Some saw it coming For Novell's Frankenberg, it's now or never This Novell will not go quietly Novell on defense is not a good offense V.K

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next