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

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To: Joe Antol who wrote (5677)12/9/1996 11:34:00 PM
From: Mat Miller   of 42771
 
Hi Joe.

Looked like a pretty good memo to me.

<We're also changing the fiscal year 1997 bonus plan, to tie your stake in our results to meeting our near-term targets. Employee bonuses will be paid quarterly, as we achieve our revenue and operating profit goals.>

Especially for turning Novell around faster and since there is the disappointment of no 1996 bonuses, the carrot of a bonus every quarter should help.

< As a show of how serious we are about turning this company around, the executive committee will receive no wage increases for the coming year.>

This also should help (misery loves company and all) and hopefully foster a "we're all in this together" team atmosphere.

<In the coming weeks, we'll announce a number of initiatives with strong industry partners. We'll be delivering new products more frequently, and we'll engage customers in early releases. There's a lot of excitement in store.>

Okay, products are being announces and hopefully it won't take 2-3 months to be sent a beta version after requesting it, right, Jon? <g>

I'll be waiting to hear the " number of initiatives with strong industry partners", hopefully, very strong partners. Maybe, the strong partners will mention in their PR about Novell and we'll get some positive mention for a change.

I like the idea of "a lot of excitement in store", do you think he was meaning in the price of Novell going way up? That would be exciting enough for me!

Good investing.

Mat <in hope of better marketing, PR and price>
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