SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Janice Shell who wrote (11624)4/23/1997 9:44:00 PM
From: Paul Fiondella   of 42771
 
I really don't think he knew how bad things were.

It must have been an eye-opener to see the Wolf Mountain Group walking off, unafraid of any trade secret litigation. Schmidt is not a miracle maker. I think he is pissed. They gave him the shortest honeymoon on record at Novell. They probably expected he would hide the bad news.

The BOD may have no credibility, and senior management may have no credibility for the strategy they adopted that got Novell into this mess, but Schmidt definitely has credibility.

The question is does he have power.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext