SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E_K_S who wrote (14787)7/20/1997 5:53:00 PM
From: Paul Fiondella   of 42771
 
I concur on Schmidt's vision

However his weakness is operational experience. He may not be able to execute.

He has made mistakes recently.
(1) He has said he has until next April to fix things when in fact nobody on the street or in the industry believes that. That statement comes across as complacency in a company with a history of "what me worry" while the house is burning down.
(2) He hasn't done any better than Marengi at fixing the problems with marketing and PR.
(3) He hasn't populated the upper ranks with his own people. Novell needs new management and Schmidt hasn't figured that out.

The fact that he has not fired the obviously incompetent head of PR shows he isn't making the necessary executive decisions quickly.

If he keeps this up he will join all of the rest of Novell's past management with his career in ruins.

=============================================
And let me repeat what Joe said:

"The issue is not with Schmidt.
The issue is with JOHN YOUNG, THE BOARD OF DIRECTORS, AND THE 'INFLUENCE' that is ever-present.

Why, oh why do you think I and the others tried so hard to oust that BOD?

Unless and until Schmidt can demonstrate that he is, in fact, IN CHARGE without his hands being tied, then it does not matter one iota what he says he will do. THEY ---(YOUNG, BOD, AND THE "INFLUENCE") are running this company into the ground.

Can ANYONE give a counter argument to that? I'd love to hear it at this point."

============================================
That's the truth of the situation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News