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

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To: dwight vickers who wrote (15585)8/11/1997 8:45:00 PM
From: Joe Antol   of 42771
 
There's other "creative" stuff you can do <g>. Off topic, here's something from CRN:

======================================================================
OMG's Stone To Join Novell Turn-Around Team

By Mary Jo Foley & Deborah Gage
Provo, Utah
8:00 p.m. EST Mon., Aug. 11, 1997
.............

The President and CEO of the Object Management Group is leaving to join a budding Novell Inc.
turnaround team that will report directly to Novell Chairman and CEO Eric Schmidt.

After forming the OMG eight years ago, Chris Stone will join Novell as senior vice president of
strategy and corporate development, Stone acknowledged. He will be one of a handful of officials
charged with "executing a Novell turn-around," he added.

Stone said he did not know who else might be part of this team besides John Slitz, a former IBM vice
president who last week was appointed as Novell's vice president of corporate marketing. Before
IBM, Slitz worked with Stone at the OMG, which is based in Framingham, Mass.

Stone said that the turn-around team would focus efforts around the charter Schmidt brought with him
from Sun Microsystems Inc., where he formerly served as chief technical officer--namely "building
distributed services and objects that run on multiple platforms."

Novell is expected to make the announcement of Stone's appointment tomorrow. Stone will join
Novell on September 2, he said, but will stay on as chair of OMG. He will open a Boston office for
Novell, but also operate from various Novell sites, including the Provo headquarters, he said.

Following the move, the OMG will be co-managed by two of its current officials: Richard Solely, vice
president and technical director, and William Hoffman, vice president of business development.

In his new role, Stone will be charged with forming new deal, partnerships and corporate direction for
Novell.

"Novell has some really great products. They just need some direction," Stone added.
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Why would he need John Young's phone number? All he would get is Young asking for his lousy $10,000 a week for doing s*it!
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