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: Steve Fancy who wrote (3622)	9/16/1996 6:20:00 PM
From: Salah Mohamed	of 42771

Hi Steve...>>I wonder if they're telling us a deal was squashed?<< I don't think so. The interview with Marengi tells us they would consider an offer from a viable buyer. In my opinion, the rumor about NSCP was just a rumor. ---------------------------------- Complete transcript: New Novell prez meets the press Marengi attempts to put end to Novell's 'defensive' image. Network World, 9/16/96 nwfusion.com\|aaUh/u3mNrDvu/ul3r/OUpqvl.o9A4aUabu3mNrDvuHtHaFZyY8T0y,Sl44v3,FZyYWTZZdK,nIllu From the interview: Q. What do you have to say about the acquisition/merger rumors that are circulating as a result of the internal and overall perception problem Novell has? A. The fundamental answer to that is simple. We are positioning the company as a total standalone. We are still building infrastructure outside of the United States. We are still recruiting employees inside the company. We have got huge development projects going on inside of the company. We are looking for a new CEO. Those are not things that you do if you are trying to window dress the company to make everything look wonderful for a sale. That is absolutely not what we are doing. However, taken on the other hand, if I am a board of directors for Novell and somebody approaches the company the board has a fiduciary responsible to increase shareholder value and do what is right for the shareholder. So at that point in time, we have no idea what will happen. But right now, we are absolutely positioned for standalone success and we think we have a great future. Q. What is your prediction of where Novell will be in a year's time? A. We will have maintained our market share in the the server operating system business. We will have created enough mindshare that people will recognize us as an intranet player - primarily in the corporate intranet space. GroupWise will have evolved into the number two position in the marketplace - probably second to Lotus Notes. And we will have shipped some technology that people will say "God, I didn't realize that Novell was that good." The directory will be on its way to becoming the meta-directory in the industry due to some of the strategy that we are moving on in that arena. And people we be asking themselves why they didn't buy our stock when it was at ten and a half. ---------------------------------- Regards Salah

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