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: Elmo Gregory who wrote (16954)	9/4/1997 10:45:00 PM
From: E_K_S	of 42771

Elmo - Here are the Edgar insider sells..... stocksmart.com NOVELL INC. Filed by Title Action Shares Price Date Report Form Trans. Date NOVELL INC AFFILIATE Sell 528,269 $7 07/24/97 08/25/97 144 and we know about Marengi's sales.... JOSEPH A MARENGI PRESIDENT AND COO Sell 22,710 $8 06/10/97 07/31/97 4 Also according to Dwight there were 5 sales reported in the Wall Street Journal ("...It was 5. That's what initiated my post. I went to Edgar and found zero filed electronically..." techstocks.com Now, Who were those "Affiliates" that sold and reported (8/25/97) electronically on the Edgar system???? Why did the other 5 insiders report using the paper system? (Note I have not confirmed this but it is based on Dwight's and Vip's posting...I assume it is accurate) I think there are still quite a few questions that remain unanswered. Elmo - It just does not smell right. I am still long Novell on 1,500 shares (sitting in my IRA at an average price of $13) but it is not encouraging for this shareholder to see those affiliates sell....I expected Marengi to sell. My concern is what will the shorts do now??? That was the reason for my previous post. You have to agree that the balance of the data is not at all positive. If our upper management was either (1) not selling or (2) buying at these levels, it would be some what positive. EKS

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