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


To: sixty2nds who wrote (42309)6/22/2006 2:03:15 PM
From: zwolff  Respond to of 42771
 
Messman already made his fortune. Hovespian's turn?

I've been here for a long time and watched one management team after the other fail miserably.. With no cost options for the execs and other novl innovations this company is always selling shares promising a better future while consistently producing under par performance. I don't think that the rise is due to the fact that people believe that the changes in management will work but that many short positions are being covered to protect profits.

(FWIW I own 100 5 puts bought @.05)



To: sixty2nds who wrote (42309)6/22/2006 6:18:56 PM
From: sixty2nds  Read Replies (1) | Respond to of 42771
 
13:42 NOVL Novell on conference call II (6.62 +0.62) -Update-

During Q&A, co stated that they will view every dimension and level of operations and execute its strategy. Co noted that management needs to produce operational excellence and will need some time in order to do so. As for the balance sheet, co expects to monitor inorganic and organic growth every quarter. Co also said that there will be no major structural changes. Co is going to focus on "headlights" and is starting to get major pieces together to help look ahead. Co noted that these "headlights" will be staged events with many levels and is in the process of helping simplify current business. Note that the call has ended.