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: Joe Antol who wrote (18926)	12/4/1997 9:53:00 PM
From: BP Ritchie	Read Replies (2) of 42771

Hi Joe! ... you hardly got warmed up on this one! > And furthermore <G> .... Does anybody know where Elmo Gregory went to? He was a most valued person also. He seems to have just gotten totally fed up. < I miss his input too! His last post was Oct 27, to me about the YE report. I hope that he is OK, and just got fed up. I was tempted to respond to Adrian's note ... but, he doesn't deserve to be on the receiving end of what I might say. There are a ton of great people at Novell ... and even some great marketing talent too, but their 'organization' and 'culture' seems to prevent them from getting anything worthwhile accomplished ... my expectations were raised over the summer ... and especially when John Slitz arrived and the 'status quo' marketing budgets (more $ than usual, but same old ideas?) were not approved ... I thought that someone was finally taking responsibility at a Corporate level for all of the company marketing & sales ... then COMDEX 'Connecting Points' demo went pretty good ... and now we're back to 'stealth mode' all over again ... the only recent info relating to potential revenue is the Eric Schmidt CNBC interview on 11/26 and that was pretty poor in terms of the impression it created. I sure hope the reason for the 'stealth mode' (we'll find out later I think) turns out to be that they're actually negoatiating a merger/buyout or some kind of 'partnership' with a company that can actually sell their software. Only a few months ago they were getting ready to spend a pile of money on advertising ... I'm not too sure that it was going to be very effective ... then they stopped that activity & re-organized (again) instead ... just got done with that few weeks ago ... hopefully we'll hear something from them soon.

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