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Technology Stocks : Corel - Investors with no Humor
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To: A. Reader who wrote (716)6/29/1998 2:37:00 PM
From: A. Reader  Read Replies (2) of 1094
 
Novell to dump holdings in Corel
..."We will dispose of those holdings over time, but we have restrictions on how much we can sell at any given time," said Darcy Mott, vice president and treasurer at Novell. He estimated it will take more than a year to sell all of Novell's shares in Corel and SCO.

"Novell has been very forthright about its plans," said Corel Chief Financial Officer Michael O'Reilly. "They're our largest shareholder, but they don't consider us a strategic partner and I can appreciate that."
zdnet.com
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