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

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To: Joe Antol who wrote (18400)11/7/1997 10:26:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
Joe, in reading those posts and the similarity of conclusions

you put your finger on it. You remember how we tried to reshuffle the deck chair personnel on the Titanic. How we urged Schmidt to bring in new people---lots of new people. Bad management always triumphs over good management by sheer numbers and force of indifference. Get past a certain level of bad management and nothing except a complete pink slip slaughter changes anything.

Novell is an engineering outfit. It sort of reminds me of the ultimate output of Bell Labs when I was there---in commercial terms nothing. Others had to commercialize the findings into a product. When the Labs tried commercialization with "networking" they spent 400 million and produced nothing.

Everyone has already figured this out, except us suckers. When you have a tutu in the sky with diamonds (aka 10K Young) its a joke. Bradford selling his stock!!! Excuse me guys while I go out to the john (and call my brokers).....

The reason I value Schmidt so much is because he will get this company to complete that Moab project, and that Moab project is going to get this company BOUGHT OUT by some company that can market the products.
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