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: Paul Fiondella who wrote (37771)	2/26/2002 3:50:22 PM
From: zwolff	Read Replies (2) of 42771

....Novell has attempted to transform its executive ranks in the aftermath of its $266 million acquisition of technology consultants Cambridge Technology Partners, completed in March of last year. Current Chief Executive Jack Messman was formerly chief of Cambridge. Once he replaced Schmidt at Novell at the close of the deal, Messman installed an executive staff made up largely of Cambridge colleagues. Schmidt has since joined Web portal Google (news - external web site) as its chief executive. Nelson was a remnant of Novell's old guard, having spent eight years in a variety of roles at the company. Sources close to the company said he was reluctant to leave Novell at the time of the Cambridge deal because of a lucrative compensation package tied to his amount of time at the company. Novell has struggled to morph its business as its once-dominant Netware network operating system has suffered at the hands of Microsoft's Windows 2000 (news - web sites) server OS and the Linux (news - web sites) OS. The company is looking to evolve its business to handle a variety of software infrastructure tasks and associated consulting services. No plans were announced to replace Nelson..."

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