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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Vip who wrote (9333)3/14/1997 8:34:00 PM
From: Mat Miller   of 42771
 
Vip:

<Thank you to the guy (Salah) that answered my question about Novell's insider activity. I think this would be a key signal at this juncture. A lack of insider buying is not good in my opinion.>

Your post made me think of one of the best things a new CEO could do (or at least what I would do as the new CEO).
I would, right after the announcement, buy 10,000 shares of Novell. It would only be $100,000. And in negotions for the post, you could probably demand that much as a 'signing bonus', so it would be no out-of-the-pocket expense.
Then, I would immediately make a PR announcement of what I had done, and state the FACT that I was going to make money on this stock.

And with the right attitude, he (or she) would.

Mat
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