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

To: ToySoldier who wrote (34525)	11/5/2000 7:59:47 PM
From: rudedog	Respond to of 42771

Toy - I don't know how active or powerful NOVL's board is. I know when CPQ first started to sense a change in the wind - it was in 1995 - several top executives took a radical restructuring proposal to the board. When after a fair amount of deliberation, the board sided with Pfieffer, some of those executives left. Unfortunately for CPQ they were right, and over the next 3 years the scenario they proposed came to pass. The board reacted by replacing Pfeiffer and almost the whole of existing top management. CPQ is clearly on the track it should have been on in 1997. Better late than never. But that was clearly a case where the most powerful executives put it on the line, lost, and lost their jobs also. Although CPQ was never a "sick" company, it could have become one in the absence of a proactive board who protected the interests of shareholders.