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

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To: Steve Fancy who wrote (18481)11/12/1997 11:26:00 PM
From: Scott C. Lemon  Read Replies (2) of 42771
 
Hello Steve,

This is a very interesting subject ... both the issues that you raise about the venture, and the product/sales issues.

I'm curious to learn more (not being as astute on the shareholder issues) about some of your comments.

When you said:

> In the meantime, maybe you can explain why the key was thrown away
> to the the financial arrangements of Novonyx.

What are the requirements here? I know that you are not happy with the information that you obtained (or lack of!), but what are the actual requirements towards shareholders?

> Novell executives lied and made it clear they felt this was not
> shareholder business.

Again I would be curious about the requirements here ... you state that they lied ... what are the rules, etc. (laws?) about this situation ...

> Novonyx concerns have been written up in the trade rags also.

So some reporters who can't dig up anything else write some interesting market hype stuff ... I'm not sure that I have read a serious, well thought-out article about this yet ...

> This arrangement appears to be the mastermind of John Young, who
> has proven himself beyond a doubt to be a crook, IMO.

In all my involvement with the Novonyx project I never heard his name once, nor saw him anywhere near it. I'm wondering what specifically makes this "appear" to be the idea of John Young? I don't really know him, nor have I been able to recognize anything specifically as his work. (yeah ... I know that there can be all kinds of flames made about this last sentence ...)

> I wonder if poor Dave Stevenson's (used to be Novell employee)
> mother is still holding her stock that she purchased at 29?

I'm not sure ... call him and ask ... he now works at Novonyx! ;-)

Scott C. Lemon
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