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

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To: Joseph S. Neubauer who wrote (5296)11/26/1996 11:05:00 PM
From: Joe Antol   of 42771
 
Joe >> Joe- Did I hear this right and help me fill in the blanks please: <<

>> During the conf call they mentioned that they had previously stated the CEO search would take 4-6 months (Is this correct? and when did the time period start?) <<

Yes. Bob Frankenberg left on August 29, 1996. Within a day or so,
John Young made that statement (4-6 months). So, as of today 11/26 that makes it approx. 3 of the 4-6 months.

>> Then they said they are still on track with that time period. (Is this correct?) <<

Yes. But, they have at best 90 days to do this. Usually, by this time
a "short list" of some type would have been leaked to the press.
I have read analysts (big houses), comments whereas they are very surprised and "waiting with bated breath" for some type of indicator on some names. To-date there has been none. The only two I heard bantyed about were Barksdale and Gerstner. But, the analysts say that
the "quiet" on this issue is, "unusual". FWIW.

Regards,

Joe <that's why in a few of my posts, I said, I think it's more important that we know who the candidates are, then the financials at this point in time. But then again, that is my opinion.>
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