TO ALL - Media List w/ E-mail contacts - Let the media know how you feel! They will never know unless YOU tell them.
You can utilize these links to send your comments regarding the Novell Proxy fight.
allny.com
<Note: This is also an excellent site for all types of news publications...well worth the time to explore.>
I am still trying to locate the e-mail address for SWIB (State of Wisconsin Investment Board)
techstocks.com
With enough effort, perhaps we can get Joe an interview on CNBC with Joe Kernen cnbc.com or David Faber cnbc.com. Joe who do you prefer? Take your pick... cnbc.com
EKS USE-the-NET
Here is what I am sending....
Already Sent - CNBC; FNN; NY Times; UPSIDE; WORTH Online; DBC
February 12, 1997
TO: < insert e-mail for publication >
From: A concerned shareholder
On the Novell forum at Silicon Investor (http://www.techstocks.com) a
shareholder (proxy) fight has begun with the help of CalPERS and other
larger institutional holders. Below is a recent post describing the
reasons for this solicitation of proxies to oust the Novell BOD (Board
of Directors).
I believe this is the first instance in history of a 'Virtual Community' of shareholders utilizing the net to obtain proxies for such a cause. Just another useful function of the Internet.....
Another shareholder frustrated with management's performance.
========================================================================
February 12, 1997
TO ALL! OK, WE ARE NOW IN PC WEEK. SEE BELOW. I TOLD YOU, "USE" THE
NET!
=====================================================================
Hi Rob.
At 03:23 PM 2/12/97 -0400, you wrote:
>Joe, I'm just catching up on your threads on Silicon Investor
regarding Novell.
>Can you give me some background on your situation and what you hope
to
>accomplish?
Well, let's cut right to the chase on the "accomplish" part.
Obviously, what we hope to accomplish is to
oust the Board of Directors of Novell, Inc. Why?
Their performance speaks for itself. You're in the industry, so you
certainly have chronological
information regarding Novell. I don't mean to sound curt, but I
assume that you know the recent history
of this company (93-present).
I bought into the stock in very late 1995 with a hope of a takeover.
Specifically at that time, IBM. I am a
value investor, not a trader. I don't do exotics, nor
do I get into options. I do have (smaller amounts) of Compaq,
Hewlett Packard, Cicso, Sun Micro, and
for that matter Microsoft. That isn't the point.
I saw a once great company being run into the ground .... Look you
know this story. Well, that takeover
never happened. I started to communicate with Bob Frankenberg up to
and including when he (left?).
Bottom line, it was and is my understanding there was a power
struggle between Steve Markman and
Joe Marengi. Marengi won, and was joined at the hip with John Young.
That was August of last year to
present.
I was (and still am for that matter) a big Novell supporter. It's
been six months since Marengi took over.
He gets a half a million+, +bonus a year and no matter what you see
or read, at this point in time he's an
underperformer.
Rob, that thread is almost 8,000 posts long. That is pretty
impressive. There are a lot of good (Great)
people on that thread as well as at Novell. The Board of Directors
are still the "good old boys and girls",
and they ain't gonna change.
And if you think Noorda still doesn't have influence, think again.
CalPERS is the California Pension and Employee Retirement System.
They are a managed retirement
fund that own 1% of Novell, Inc. That's almost 2 million shares.
Go to these links to read all about it.
calpers.ca.gov
and,
CALPERS owns 1.7 million shares
The PR contact is Brad Pacheco or Pat Macht 916-326-3991
and,
biz.yahoo.com
Here are just a sampling of the "quiet people" who own Novell, Inc.
and how they feel about this:
=========================================================
From: lepanto@sprynet.com
Date: Tue, 11 Feb 1997 22:01:51 -0800
Subject: Re: Person Who Signed My Guestbook-REPLY
To: Joe Antol <jantol@monmouth.com>
Joe Antol, I hope you and Eric, will make changes to this comp. As a
long
shareholder with my group 35,750 shares of
Novell, Mr. Marengi thinks he will be the next B.Gates with the
shareholders
$$$. He is OUT and gone. Thank you for your support.
GRigas (I always read your lines on novl.)
==============
X-Sender: greek@mail.gte.net
Date: Wed, 12 Feb 1997 01:26:10 -0500
To: jantol@monmouth.com
From: Greek <greek@gte.net>
Subject: Novell & CalPERS
I would just like to thank you for the letter you wrote to CalPERS
about
Novell. I currently own 500 shares and would really like to see the
company
improve... Glad I am not the only one..
Greek
============================
Date: Wed, 12 Feb 1997 12:18:52 -0800
From: Larry ma <lma@crystalball.com>
Organization: Pacific Plus
To: Jantol@monmouth.com
Subject: [Fwd: Novell stock underperformance (or.. I'm mad as hell
and I'm not taking it ...anymore)!]
Joe,
This one is for you. Good luck to all of us.
Regards,
Mike
X-Mozilla-Status: 0001
Message-ID: <33022532.3341@crystalball.com>
Date: Wed, 12 Feb 1997 12:16:50 -0800
From: Larry ma <lma@crystalball.com>
Organization: Pacific Plus
X-Mailer: Mozilla 2.01 (Win16; U)
MIME-Version: 1.0
To: public_affairs@calpers.ca.gov
Subject: Novell stock underperformance (or.. I'm mad as hell and I'm
not taking it ...anymore)!
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
TO: public_affairs@calpers.ca.gov
Please forward this to the appropriate person(s), and/or agency.
RE: Your recent PR on 10 targeted underperformers, Specifically:
NOVELL, Ticker-NOVL NASDAQ(O)
Please consider this email as support for your proposed/pending
action against Novell, Inc. with regard to irresponsible actions
and poor performance by the Board of Directors acting as fiduciaries
for the stockholders of this company.
Please also consider this email as authorization to utilize all my
shares of record (10,000) in this company to vote against, and for
the ouster of the current President and BOD of Novell, Inc.
I would also request that you send me any and all information on
your actions with this company, as well as proxy information.
Sincere thanks,
Michael Liu Taylor
=================================================
Rob, I have a LOT more. No, this isn't a grass-roots effort. We are
talking
serious money here.
Novell has $1B in the bank, no debt, and no strategy, with no leader
to boot.
They have NOT enhanced shareholder value, and that is THE PRIMARY
CHARTER
of any organization.
We shareholders, and now the institutional holders want a team in
there that
CAN ACT! They have had enough time to get their act together.
READ THE THREAD!
>How many Novell shares do you own?
5 figures and over $100,000 worth.
>Is this strictly a grass-roots effort?
Far from it.
>Can you explain how CalPers is involved?
See and READ above and you'll find out all you need to know.
> If you do want to talk to us about this, please include your phone
number in your response so I or one
of my reporters can call you directly.
>
I've given you most of the situation here. I would be happy to speak
with you or one of your reporters,
but I am going to post this to the SI board. So I will send this to
you with my phone number under
separate message.
>Cheers,
>
>Rob O'Regan
>Executive News Editor
>PC Week
>
Thank You Rob. I appreciate your interest. I really do.
Regards,
Joe...
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