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

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To: Matthew Leo who wrote (15735)8/16/1997 12:56:00 PM
From: Elmo Gregory   of 42771
 
Hi Matthew - Well, we now know what Netscape got for its $10 million: 9.9% of Novonyx.

techstocks.com

If Novell matched Netscape's investment, then their combined ownership of Novonyx would be approximately 20%. Who owns the other 80%? Anyone care to take a guess?

I can't help but believe that the Novell shareholders came out on the short end of this deal. The possibility is probably not to surprising to many here.

Regards,

Elmo
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