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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Elmo Gregory who wrote (5385)11/28/1996 8:57:00 AM
From: dwight vickers   of 42771
 
Elmo,

If you buy a business from the original owner, or an apartment building from the person who built it, you still have the rights as an owner. The highest senior employee doesn't outrank you. The tenants who were there when you bought don't make the rules. You are still the person taking the risk with your money. The employees/tenants are an important asset for you to take care of, as long as they do their part. But these operations, whatever they are, should be run first and foremost, to increase value for you.

You are correct, Novell gets no direct benefit from a purchase of stock in the secondary markets. However, those purchases do tend to support the stock price, which gives NOVL the ability to go back for more financing if the need arises.

Dwight

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