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

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To: Steve Fancy who wrote (16753)8/28/1997 5:47:00 PM
From: Elmo Gregory   of 42771
 
Hi Steve - The $300 million is for the San Jose facility.
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"...Novell last October announced plans to consolidate about 1,000 San Jose, Calif., workers in a new $300 million facility it will build on a 48-acre site it owns near the San Jose airport..."
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Novell would not comment on the cost of the Provo expansion. However, the cost can be approximated by multiplying the square footage (585,000) by standard construction costs for that type of building.

Elmo
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