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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Scott C. Lemon who wrote (37794)2/28/2002 11:55:22 AM
From: zwolff  Read Replies (1) of 42771
 
Hi,

The thing about NOVL is that it has been by far one of the worst tech performers for more than decade. I take that you guys in Provo must have had a great time and I imagine that Mr Nelson is a very rich man but anyone that invested in this company in the early 90's now has only a dime for every dollar invested (may be just good enough to buy some cheap NOVL options?!)

And this abysmal performance happened during the biggest network build up in the history of the world.. and during part of that time NOVL had a near monopoly of the LAN market, a market that was almost invented by NOVL..

Now, crushed by MSFT, failing to see the internet early, and facing increasing competition in all fronts and with it's market share shrinking rapidly... what does NOVL management and leardship have to offer: Nelson? *Nelson the technologist*?

So I am happy that this guy is gone and I look forward to read that more of his pals also go fast.

"As some point, if things don't change, I would guess that Novell would be acquired, broken up, and sold off in
pieces."

As I have said here before this is the only solution that makes sense... AND soooner rather than later that is It must be done before the managers manage to milk whatever remains of value in this company away from the shareholders. A shame.
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