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


To: Paul Fiondella who wrote (30764)3/20/2000 9:37:00 PM
From: Spartex  Read Replies (3) | Respond to of 42771
 
Jet-lagged, Novell's Eric Schmidt eats breakfast at lunchtime. Is this any way to do battle with Microsoft? Defensive Game

By Dyan Machan

IT'S NOON, AND NOVELL INC.'S ERIC SCHMIDT, 44, HAS JUST awakened to order a breakfast of eggs and toast. "Time zone is the problem," says the sleepy Schmidt, who had arrived for this interview in Switzerland only a short time earlier from Novell's headquarters in Orem, Utah.

Time zone changes are one problem for Schmidt. Timing is a larger one. Novell, the $1.3 billion networking software company, has launched its biggest marketing drive ever to promote its Internet directory and related services. But why now, just as Microsoft begins shipping its Windows 2000, which houses a directory service and other goodies?

Microsoft's Windows 2000 had been delayed for years, representing a great window of opportunity for Schmidt. The truth is, Novell wasn't ready to roll. In the last six critical months it had two key resignations, including that of John Slitz, head of marketing. Sixty others were let go, many in the marketing department. Steve Adams, hired from software company Citrix to lead the worldwide corporate marketing charge, is five months into the job. It's also the second time Novell has torn up its marketing department in the last couple of years. (continues)

forbes.com



To: Paul Fiondella who wrote (30764)3/20/2000 11:26:00 PM
From: waldemar cyranski  Respond to of 42771
 
Acually, sold at 43, but I'm gloomy because I didnt sell all my holdings and get on with my life! I have averaged this dog from 21, 5 years ago through all the nightmares and sold and bought back and certainly made a profit! But, trying to understand what Novells reasons for not flying is like the search for a cancer cure! I'm trying to find happiness is a pre-ipo stock now and have set my sell at 35 again! If my other investment comes through? I'll just buy controlling interest in Novell move them out of the desert to Chicago and put you in charge of policy, as Chairman , Fredrick S. to set objectives and the other guys to just hang around the board room..........and offer advice.....If Eric wants to stay, thats fine, if not, maybe I would offer him a job as corporate pilot ? However, I would take the greyhound to New York for meetings! gg Best Regards, Waldy