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

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To: Don Troppmann who wrote (31713)5/19/2000 9:35:00 AM
From: harmonaronson  Read Replies (3) of 42771
 
Don,

There are many people who lost significant amounts of money holding NOVL. NOVL was at 40+ in Feb and now is below 10. That's over a 75% loss from the top! The shame is that the company has good products to offer but executed poorly.

It is not enough for Eric Schmidt to acknowledge that the company made tactical errors but has a good strategy. There has to be accountability for the poor performance, starting with Dr. Schmidt. The company needs to announce some radical changes in how it is going to do business. We don't want to know about another great piece of software that is supposed to sell itself because it is so great. If significant changes are not made soon, and the "do nothing" BOD stays on the sidelines doing nothing, then the stockholders should take the initiative. It's time already.

Harmon
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