Novell (NOVL) dirt cheap, good buy? Message Board

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

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To: Gerald M. Gualano who wrote (8082)	2/19/1997 8:40:00 AM
From: George J. Whalen	of 42771

Hello Gerald: Thanks for expressing so precisely the frustration that I also feel after four years holding this non-performing stock. I was suckered into it by a former broker at 31-5/8. Having seen many thousands of my dollars frittered away by this stupid BOD, I doubt seriously that "waiting" any longer will improve matters. The current board is simply not acting in the shareholders' interest and is derelict in its fiduciary responsibility. I have written a very sharply worded letter to Mr. Young, demanding an accounting of the board's stewardship (if any). I would be interested to know how many others on the board have also written to him (or other board members)? I suggested in my letter that a stockholder suit against the board is a real possibility. I wonder how many participants on this board would be willing to join a class action suit against the board, seeking redress for the serious fall in value that the stock has sustained due to their negligence? I know of a law firm that handles such matters and I am considering consulting with them. Opine please. Regards, George

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