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

To: Henry Chinaski who wrote (36438)	4/25/2001 11:22:01 AM
From: PJ Strifas	Read Replies (1) \| Respond to of 42771

Here's some interesting information from that article that I believe could be important to note as investors: InternetWeek: You're now located in Cambridge, Mass. Do you expect to relocate to Provo, or do you expect to relocate the company? How will that work? Messman: The company is going to be a product-centric organization in Utah and a services-centric organization in Cambridge. We're now located in Cambridge, and I don't think there's a big need for me to move. So it's not that big a deal. We haven't decided that yet. InternetWeek: So it'll be split into two divisions: the traditional Novell and the traditional CTP? Messman: It's going to be an integrated organization but the people are going to be located primarily in those two locations. So Mr. Messman is staying in Cambridge MA (just like Mr. Schmidt stayed in San Jose CA) and will be traveling back & forth (presumably just like Mr. Schmidt did). What remains to be seen is whether or not Provo becomes the R&D/Technology location of the "new Novell" and Cambridge becomes the Services/Sales location.....I'd feel much better if the top level management and the BOD were moving to Cambridge as well. Otherwise, I'm getting a "deja vous" feeling about this. Regards, Peter J Strifas

To: Henry Chinaski who wrote (36438)	4/25/2001 2:18:26 PM
From: zwolff	Respond to of 42771

"InternetWeek: Why'd you do it? Schmidt: If you decide to do a merger, the question is who will complete the merger? If I were to be CEO, which I could easily have done, I'd have to merge 3,800 at CTP plus 4,800 people at Novell--do you have any idea how hard that is? I wouldn't be able to work on any of this other stuff. Everybody would be coming in with this problem or that problem, you have to get the structure right. I frankly felt that Jack would do a better job, speaking as a shareholder. I'm acting in what I think is the shareholders' best interest." Thank god that this guy finally decided that it is in the best interest of the shareholders for someone else to be CEO. I've said all along Schmidt should go back to his old job as CTO where his lack of business acumen and lack of attention to managerial detail is going to have less devastating effects on the shareholders. On the technical side he understands NOVL business..........