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


To: Paul Fiondella who wrote (28034)9/8/1999 4:37:00 PM
From: Don Troppmann  Read Replies (1) | Respond to of 42771
 
Paul:

Maybe Dr. Schmidt asked the same question of Mr. Slitz that you just asked?

I would hope that the good Dr. has by now made the options benefit available as a result of performance rather than existence. A $500M stock repurchase program, with the net result of no reduction in the stock float, is a very expensive executive perk.

All other things being balanced a stock repurchase plan, at these levels, should at least be a 10%+ benefit to the shareholderes.

Lets see the results please.

Don T.