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

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To: Matthew Leo who wrote (7533)2/1/1997 10:34:00 AM
From: Joe Antol   of 42771
 
Mat, I'm not fickle <g>, but very consistent. I'm going for the jugular. I can't be any other way bro' <s>.

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Novell Helps Put Provo Transportation Project Back on
Track
03:14 p.m. Jan 31, 1997 EST

OREM, Utah, Jan. 31 /PRNewswire/ -- With a $6 million loan to the city of
Provo, Novell, Inc. (Nasdaq: NOVL) has helped save a project to improve a
major freeway interchange. Now, construction of a new freeway exit from
I-15 at University Avenue will begin this year rather than suffer more delays.

The interchange serves thousands of employees at Provo's East Bay Business
Centre, which includes Novell's six -- building campus as well as dozens of
other businesses. In addition, a new shopping mall is planned for the area.

Mayor George O. Stewart of Provo called this partnership the first of its kind
in the state. "Provo City and the state of Utah have aggressively pursued
funding for much-needed improvements to the I-15/University Avenue
connector for many years," said the Mayor. "While we have had considerable
success, we were far from having the necessary funding to begin construction.
Thanks to Novell and this unique partnership, we will be able to proceed with
construction almost immediately, thereby improving safety and flow of traffic
for the benefit of our residents and others from throughout the county. We are
fortunate to have a corporation like Novell in our community."

"When we learned about the financing situation," said Darcy Mott, vice
president and treasurer of Novell, "we knew we had to do whatever we could
to accelerate the timetable for the interchange. Novell is proud to join the city
and state as partners to make this project happen."

Founded in 1983, Novell is the world's leading provider of network software.
The company offers a wide range of network solutions for distributed network,
Internet, intranet and small-business markets. Novell education and technical
support programs are the most comprehensive in the network computing
industry. Information about Novell's complete range of products and services
can be accessed on the World Wide Web at novell.com.
SOURCE Novell Inc.

Copyright 1997, PR Newswire
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Joe...
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