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

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To: Captain Jack who wrote (34282)10/10/2000 10:07:47 PM
From: Captain Jack  Read Replies (1) of 42771
 
HHMMMmmmmm--
looks like they still are not saying it is difficult to retain employees without dime options and novl is not on the top the list to send resumes to....
BELLEVUE, Wash., Oct 10, 2000 (BUSINESS WIRE) -- Xylo, Inc. (formerly
employeesavings.com), a leading provider of Web-based work/life solutions used
by Fortune 500 and other thought-leading companies to attract and retain
employees, today announced that Novell, Inc. (Nasdaq:NOVL) has selected Xylo to
provide part of Novell's work/life programs. Xylo provides a private online
network of work/life products and services designed to help employees balance
the responsibilities of work and home. Xylo's offering for Novell specifically
includes employee classified ads and everyday savings on products and services.

Novell is a leading provider of Net services software that helps companies
overcome the complexities and limitations of their network, IT and business
environments. The company currently serves 81 percent of the Fortune 500, and
supports 90 million users worldwide. Novell was recently named to Working Mother
magazine's list of 100 Best Companies for Working Mothers, which recognizes
companies' commitment to work/life balance.

"Our employees work hard to maintain Novell's position as a leader in the Net
services software business. We recognize the growing demands on our employees to
balance work and personal time more effectively," said Novell Senior Vice
President, Human Resources, Jennifer Konecny-Costa. "Novell chose Xylo because
they are a leader in assisting employees with balancing the demands of work and
home."

The growing demand for work/life programs stems from the most intensely
competitive labor market in 30 years, which challenges employers to attract and
retain talented individuals. At the same time, the lines between work and home
continue to blur. Employees need, and are in the position to ask for, assistance
in balancing the demands of their personal and professional lives.

Xylo work/life solutions are designed to strengthen employee commitment. Xylo
helps employees manage everyday personal tasks, while remaining focused and
productive at work, which strengthens their company loyalty. Tailored employee
Web sites, printed catalogs and point-of-purchase Xylo cards give workers access
to rich life-need information and nearly 1000 time- and money-saving products
and services.

"Novell's innovative, thought-leading approach to software development is
carried through to its work/life balance practices. Xylo looks forward to
working with Novell to build on their competitive edge as a recognized leader in
business technology and work/life programs," said Xylo President and CEO Norman
Behar.
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