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

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To: E_K_S who wrote (5952)12/17/1996 7:37:00 PM
From: Paul Fiondella   of 42771
 
I tried the conference call and they said it had been cancelled

I wonder if they actually did cancel it?
I sent Mr. Marengi my first letter today. The gist of it was that I hope they have a good integrated marketing/PR plan in place for the release of Kayak.

I think after Kayak is released we will know whether Novell can hold the low end of the server market.
I think everyone expects the next quarter's sales to be better with more IntranetWare sales.
If the response to Kayak is good then the company has a future.
If not then I expect them to abandon the battle with NT at the low end. That would mean layoffs and downsizing. I see the Wang scenario if that happens.

I'm getting very tired of this stock. I don't believe management cares enough about the shareholders to respond to our concerns. Although there are a lot of people at Novell in the trenches working hard, its not going to be enough if they don't fix the marketin/PR problems.

I'm moving toward the position of selling the stock, should it move up on earnings.
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