Novell (NOVL) dirt cheap, good buy? Message Board

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

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To: kilo_watt who wrote (34523)	10/31/2000 2:38:12 PM
From: ToySoldier	Read Replies (1) of 42771

Kilo, Your comments and opinions on what it takes to turn Novell around sound soooooooooo familiar. I fully understand why you could not express these opinions while employed with Novell (and it puts into perspective Scott's change of heart and opinions before and after joining Novell - I can only imagine what Scott really wants to tell us all vs. defend the faith - hehehe - poking at your Scott). BUT, I am glad to see that what many of us have been saying on this board are dead on to your opinions. Unfortunately I honestly think that there is no one in Novell (not even Eric) that has the guts to make such radical company saving moves. It is simply too big an initiative and there are simply too many people inside Novell that can squash this required cleanup to let it happen. For example, if people like Nortz and Nelson are the bodies that need axing, how will it happen when they are involved Officer positions (or critical decision makers). Do you think they would say "for the sake of the company I will agree that I am part of the problem"? You would think so since they both have large equity positions and would likely become much richer by making the company healthier. But I would have to suspect that they have egos (like most of us do) that would say, "I am not the problem so it wont solve anything to get rid of me". So, it is up to Eric and the board to make tough and independent decisions. From the meetings and knowledge I have of Eric, I would speculate that Eric is too nice a guy to make those tough decision. Don't get me wrong... these radical changes will eventually happen at Novell, but it will not be within Novell Management's control. Novell will be forced to made these changes in the form of a forced conceded acquisition / merger. At that time, te acquiring company will make those tough decisions. and Eric will now possibly be on the chopping block as opposed to working the chopping block. In he meantime, we all sit here and watch the inevitable arrive. Its Novell Management's choice on how they would like the inevitable to arrive - under their direction or someone else's. MHO... Cheers! Toy

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