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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: Howard t Anderson who wrote (27984)	9/3/1999 12:40:00 PM
From: Loring	Read Replies (1) \| Respond to of 42771

Just for discussion's sake, does anyone think NOVL and INTC would make a good fit? FWIW. From The Street.com. Semiconductors: Intel Notebook: Former Level One Chief Gets Carte Blanche to Go Shopping By Marcy Burstiner Staff Reporter 9/1/99 8:20 PM ET PALM SPRINGS -- Ex-Level One CEO Robert Pepper, now a vice president of Intel's (INTC:Nasdaq) networking communications group, has a boss for the first time in 15 years. But as part of a semiconductor company sitting on $2 billion in cash, Pepper has a credit card with a very high limit for new acquisitions. At this week's Intel Developers Forum, Intel is giving clearer signs of its intentions to become a powerhouse in the networking chips arena -- a drive that its $2.7 billion purchase of Level One in March helped to galvanize. A new chip for Internet switches and routers and a $200 million venture fund for companies using the chip are Intel's latest strides onto the Net. The initiative is bringing Pepper a rich bounty. Pre-Intel, Level One's acquisitions were on the $150 million level. Now Pepper's free to shop for companies in the billion-dollar range. The only problem now is that Cisco (CSCO:Nasdaq) has been eating up small communications companies as if they were M&Ms, leaving Pepper hard-pressed to name independent companies with attractive products.