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

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To: Joe Antol who wrote (6750)1/7/1997 12:56:00 PM
From: George Papadopoulos   of 42771
 
Does anyone know anything about these two guys?Mardi Garren will be VP of corporate COMMUNICATIONS (oh boy do we need that!). The stock price is certainly not showing any positive signs due to these news. I put in my order to buy more at 9.5.

Regards,

George
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Novell Announces Executive Appointments

OREM, Utah, Jan. 7 /PRNewswire/ -- Novell Inc president Joe Marengi today appointed two direct reports to the networking leader's executive management committee. Mardi Garren joins Novell as vice president, corporate communications with responsibility for advertising, executive and internal communications, investor relations, public relations, trade shows and events, and the integration of marketing teams worldwide. Ronald E. Heinz, formerly Novell vice president Americas sales, has been named senior vice president, worldwide sales with responsibility for Novell sales and field marketing worldwide.

Garren has over 25 years of strategic marketing experience in the computer industry, including leadership positions in domestic and international marketing, corporate communications, and marketing communications. She joins Novell from Garren Marketing Consulting Services, a company she founded in 1995 to provide strategic marketing and communications consulting services to high-tech companies. Previously, she was vice president of international marketing for International Data Group and held senior management positions with Ziff Davis, TeleVideo, Verbatim Corporation, and other companies.

"We are aggressively rebuilding Novell's image as the networking leader," said Marengi. "The challenges are to present one face for Novell, and to spread the word about the advantages of our products, our channel, and our people. Mardi Garren brings to Novell the right blend of strategic thinking, leadership experience, and creativity to get the job done."

Heinz joined Novell in 1987 and his tenure includes sales and marketing management positions serving both channel and end-user customers. He was Novell's vice president for sales and marketing to major customers before joining Marengi's executive committee as vice president Americas sales in 1996. Prior to joining Novell, he held sales and management positions with Xerox Corporation and Dialcom, Inc.

"Ron Heinz has the winning track record and aggressive attitude we need to lead Novell's sales teams at a time of explosive opportunity around intranets and the Internet," said Marengi. "He has solid relationships with Novell customers and channel partners, as well as in-depth knowledge of the networking marketplace. He's the right executive to lead both new and existing customers into the era of intranets and the Internet."
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