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


To: Paul Fiondella who wrote (32187)6/6/2000 2:00:00 PM
From: zwolff  Read Replies (1) | Respond to of 42771
 
I would assume the problem is price, poison pills, management etc. I think a fair price would be 5 time revenues. A buyer would be able to get technologies, revenue stream and cash.
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The financial markets are trying to figure out what these folks at NOVL are trying to sell. The statement by Raney that performance was bad but shareholders know that NOVL has good technologies worries me tremendously. As a publicly traded company that does not pay dividends and has been at 1 billion in revenues for the last 10 years or so why would anyone invest in this company? To be proud that you own shares in a company that gets magazine awards for products that don't sell?

Maybe some folks in Utah would like to take the company private? Once the company is paid.. I think it would provide for good living if you work for the company. But as an investment?

Eric: Please sell the company. I am sure there are out there business people that can make money out of all this and spare us more misery!



To: Paul Fiondella who wrote (32187)6/6/2000 6:12:00 PM
From: Dieter Koerner  Respond to of 42771
 
Hi Paul,
>Then take Novell, a company with $1 billion in revenue, market cap of $3.4 billion and probably a dozen or more
advanced software technologies and there are no buyers?<

It may be, that the products of Novell have a lots of competition. It may be that management 'stinks'. It may be, that there are a lots of thing, we the investors don't know.
Oh yes, I would like to see a real change in management, or a buy-out.Dieter