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 (20594)	3/4/1998 2:02:00 AM
From: Roger Lagerquist	Read Replies (2) of 42771

Joe, you're starting to sound like a spoiler. Am I right that you really want Novell to succeed, but you're convinced that the current board of directors stands in the way? Is that about it? You're adamant that the company can't succeed unless the BOD is overthrown; that hasn't happened so you've sold all of your stock. But you're still here. You seem to have shifted into an I-told-you-so-mode; you hope to be proven right. Is that your goal? That's how it appears. You made an aggressive run at shaking up the BOD a year ago, but it didn't work out. Or did it? Your cage rattling may have led to changes that will enable the company to succeed even without a total BOD purge. If that's the case you should get the credit! But how will anyone ever know? John Young isn't about to pin a medal on your tunic. There's one thing you could do, if you're willing, that could redeem your previous efforts and bring applause from this SI group. You could try one final time to obtain the board's response to the issues raised in last year's "white paper." You have the name recognition to ask the questions and the savvy to understand the answers. Part of the CEO's job is to respond to legitimate stockholder queries. I'll bet if you approached Eric Schmidt with an olive branch in hand, he would treat you with respect. He might even secretly appreciate having you (and us) in his corner. Will you make that one final effort on our behalf? I certainly would appreciate it and I'm sure others would as well. We might be rewarded by seeing you on stage at the next shareholder's meeting, being briefed by the board! It would serve their best interests, and ours. There's nothing to hide if this company is turning around, and I believe that it is. I know it's a lot to ask, but I'll ask anyway. Will you do it? Roger

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