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

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To: Rich Young who wrote (14041)6/25/1997 1:15:00 AM
From: Scott C. Lemon   of 42771
 
Hello Rich,

It's getting late, however I felt obligated to respond. It seemed you wanted me to. You seem to have a lot in common with Paul in your feelings and methods of expressing yourself.

> Not to be divisive, but I have to side with you and Joe here, Paul.
> Scott's the kind of person who, aside from being EXTREMELY
> long-winded, might look at the stock price today and says it's
> trading at its 52-week high, which for the next 52 weeks is
> probably true. Don't you get the feeling he walks in to work
> everyday singing, puts his Hush Puppies into the closet, puts on
> his sweater & loafers and talks to Mr. Trolley all day? I do.

Yes ... EXTREMELY long-winded! ;-) As for the stock, it's in the gutter. That's one reason I returned to Novell ... my "retirement" was cut short by the collapse of Novell's price!

I sometimes hum, rarely sing ... but overall I enjoy everyday. I wish more people could. I got to a point where I enjoy the work more than the money ... so I'm not real serious about life in general. I try to have fun. No closet (facilities would allow that much space to be wasted!), no Hush Puppies (sometimes sandles, Doc Martins, or hacked up hiking boots), I'm not real fond of sweaters or loafers, and I'd have to check the GroupWise address book and see if there is even a Mr. Trolley in the company!

> To Scott:
>
> Sorry, Scott, but I think you've been brainwashed, bamboozled and
> lulled into a sense of false security by your management. Remember
> the scene at the end of "Animal House" when the whole parade crowd
> is in chaos & there stands Niedermeyer in his ROTC uni screaming
> "All is well!"? That's you, Scott. All is not well.

No. I don't buy the stories told to me. I formulate educated opinions based on what I see going on around me. Revolutions do not happen from above ... you have to see what is happening with the workers.

> Sure, things might be rosy in your Border Manager corner of the
> world, but the big picture is a f*cked up mess. You see, we as
> irate investors (former investor in my case) expect you as a
> real-live Novell employee would be one of the first people to
> recognize this. So based on your postings, you're either in denial
> or you're oblivious.

Neither. I'm simply expressing my viewpoint based on what I see and what I'm doing. I would ask you the same thing that I asked Paul ... it this it? Are we done? Is it over? I don't think so and I'm trying to indicate that.

> If you and the other employees in the trenches
> with you don't feel it, we as investors feel obliged to do what
> your managers SHOULD BE DOING and kick your ass until you DO feel
> it. To borrow a phrase from my parents: "Some day you'll thank us
> for this"

Oh we feel it. And we're doing something about it. And we see a way to win this game. And it's going to be a good fight.

As for your opinions on management style, I'm not sure that I agree with your extreme position stated above. Is that *really* what your parents did and said? Just kept kicking your a$$ until ...? What? When? Will the beatings continue while we're trying to change our ways? When my parents said that to me I always used to think to myself "And I'll show you ..." ... what did you do? What did you think?

> My .02

Appreciated feedback!

> Rich

Scott C. Lemon
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