Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Fiondella who wrote (17822)	10/8/1997 12:21:00 AM
From: Philipc	of 42771

Tuesday October 7 9:32 PM EDT Novell Inc plans China joint venture BEIJING, Oct 8 (Reuter) - U.S. computer company Novell Inc plans to set up a joint venture in China soon to develop software, the China Daily on Wednesday quoted company president Eric Schmidt as saying. He said Novell was certain to increase direct investment in China as its demand for information technology surged. Schmidt gave no other details. Novell's sales revenue in China in the first eight months of this year jumped by 65 percent compared with the year-ago period, he said, without giving figures. China was one of Novell's fastest growing markets, Schmidt said, adding that China now accounted for two to three percent of the information technology market and this share was expected to double in the next five years. Novell would meet growing competition in the Chinese market by relying on its unique products rather than on price cutting, Schmidt said. biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next