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

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To: EPS who wrote (23491)8/19/1998 10:21:00 AM
From: EPS  Read Replies (2) of 42771
 
LT: Has the turnaround been completed?

Schmidt: Oh, absolutely. In hindsight, when we
looked at it, it was fairly clear by January of this
year, but it wasn't certain by BrainShare [Novell's
developer's conference]. We had a very successful
BrainShare. Then it was clear. What's interesting
now is that we're in a period of relatively positive
press, relatively positive reception, rising revenue,
happy customers in the sort of existing milieu of what
the company is. The next criticism is going to be,
"What new thing have you done?"

So then, you know, the bar keeps being raised
higher, and I think that's good. I look at that, and I
think what you'll see is, if anything, an accelerated
rate of change in the company, because we now
have the structures in place. We have the
mechanisms. We're talking to the right customers in
the right way. We've clearly hit a sweet spot with
respect to this next generation of service stuff. So,
that should just snowball for a while.

So you know, I'll do this for a while. I like this. It's
pretty comfortable.

lantimes.com
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