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

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To: BP Ritchie who wrote (11423)4/22/1997 7:31:00 PM
From: Janice Shell   of 42771
 
Porco cane, as we say here. Idiots. Yet another failed quarter, and this one, it would seem, worse than the last.

The only little ray of sunshine I'm able to see (and it is little) is that Schmidt seems to understand that the company's got real problems that he's willing to admit to, which is more than can be said for the people who've been running the show in the past. I wonder whether the situation was fully explained to him when he signed on? I don't doubt he'll be asked, but shouldn't think we'll get a real answer.

Certainly the board of directors must go. They've proved their incompetence while drawing down outrageous amounts of money (ndr John Young) for their dubious services. Could any of us do better? Probably.

Poopy day tomorrow, I'll bet.

Janice
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