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

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kilo_watt who wrote (34763)	11/9/2000 10:39:58 PM
From: Frederick Smart	Read Replies (1) of 42771

Divesting Novell & Avoiding Accountability..... >>I made a prediction, privately, to one of the regular posters here that the ultimate sign of impending doom for NOVL would be a major divestiture. In April. We have a major divestiture. The Netware franchise is by no means strengthened here. NOVL is simply auctioning off the only piece of their business that is really worth anything. This is a classic set up for an acquisition candidate. Doubt that? NOVL has been trading close to cash for awhile. Take away the valuation (unknown) for Volera (probably hoping it will comparable to CFLO, more likely comparable to ISLD) and what are you left with back at the ranch? Not much. Further, I do not believe the royalty model is the more profitable one for ICS. On another note: I have invited Novell reps out to visit with the CIO of my new company several times. No takers. Crazy.>> Kilo: I agree with your assessment. This looks like an internal land grab - ie. "get yours/mine while we can before shareholders force the BOD to wake up..." I'm deeply ashamed at the way they have used Scott Lemon's integrity to deflect attention elsewhere. Scott's going to get what's his, etc. "Right vs. Wrong" mean nothing in a paradigm that couldn't care less about anything and anyone outside of it's internal power/politics. This is just my opinion and I know they're all like something else we all have, but we all have a right to express what we believe to be the truth behind what's happening. I am sick to my stomach. What a time to announce this spin-off - right on the heals of one of the most divisively close elections in our nation's history. I'd like to know more about the Swiss warrents. Novell common equity is a sitting duck to be arbitraged down into oblivion unless the BODs and institutional shareholder base forces more accountability upon Nelson and these managers. I'd like to see every Novell shareholder get a piece of the Volera spin-off. There is no reason to keep this inside this closed cultural collective negative energy swamp called Novell. Novell is burning through the time and trust of customers, shareholders, partners, etc. I'm ashamed to see this spin-off side-panned with such low level focus. It's as if they don't want anyone to question their motives. Where's the shareholder vote?? I'd like to see what options Nelson et. al. were weighing. Or is this another one of those inside jobs with the BOD granting/Oking personal favors. I see a pattern here folks and it STINKS. I know, I know, it's all just Frederick Smart's way of perceiving the world. I am proud to share these views. Novell is being looted internally and externally. And Scott is there getting "what's his". Yes, I finally "get it." Paul, what are you getting in all this? Peace. GO!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next