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

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To: Steve Fancy who wrote (20848)3/8/1998 6:46:00 AM
From: Elmo Gregory   of 42771
 
Hi Steve: Here's an article on Novell's Provo and San Jose consolildation.
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Consolidation of the Silicon Valley workforce parallels a similar move in Utah, where Novell recently announced plans to consolidate its workforce in Provo and nearly double the size of its headquarters there. Construction is scheduled to begin in the spring of 1998 on the new, state-of-the-art Provo facilities, which are expected to be complete by the spring of 2000.

''Consolidation in Provo and San Jose makes good business sense for Novell as we continue to improve efficiency, communication, and teamwork throughout our business,'' said Dr. Schmidt.

''Our new facilities in Utah and Silicon Valley help us reduce operational overhead over the long range. In addition, we are creating superb work environments that are designed to attract the world's top networking talent.''

biz.yahoo.com
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Elmo
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