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

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To: mar8tin who wrote (36466)4/27/2001 9:09:36 PM
From: Elmo Gregory  Read Replies (1) of 42771
 
mar8tin, you are correct. The supporting reference follows:

From Novell's DEF 14A SEC filing dated March 5, 2001.
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Biographies of the Board of Directors

Mr. Young, age 68, has been Vice Chairman of the Board of the Company since April 1997. Mr. Young was acting Chairman of the Novell Board of Directors from August 1996 until April 1997. Mr. Young retired in 1992 from his position as Chief Executive Officer of Hewlett-Packard Company, an international computation and measurement company, a position he held for fifteen years. He has had a long association with competitiveness issues, having chaired President Reagan's Commission on Industrial Competitiveness and founded the Council on Competitiveness in 1986. Mr. Young is also a director of Affymetrix, Ciphergen Biosystems, Inc., Chevron Corp., Lucent Technology, and GlaxcoSmithKline plc and is a member of The Business Council.
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Director Compensation

Non-employee Directors of the Company receive the following compensation:
. Annual retainer
--$100,000 for vice chairperson
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sec.gov
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