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

To: taxikid who wrote (18148)	10/28/1997 12:14:00 PM
From: DJBEINO	Respond to of 42771

Novell says wins counterfeit software case PROVO, Utah, Oct 28 (Reuters) - Computer networking software giant Novell said Tuesday that a California federal court awarded it $12.7 million plus attorney's fees in a case involving a ring of software counterfeiters. The company said it first filed the case in U.S. District Court in February 1996 because of the counterfeiting and distribution of its ''Netware'' software product in both the U.S. and Europe. Novell said many companies and individuals settled out of court, but some did not choose to respond to its complaint. The company said the U.S. District Court for the Central District of California Western Division awarded the damages against Softcom Computers, Software Distribution Center, Allnet Computers, Advanced Digital Corporation, Digital Soft Technologies, Inc., Grand Software Corporation and the individuals Mohammad Asadi, Dusko Molak, Tony Simic, Tony Alvarez, Mohammad Shahzad Salermi, Yahood Eshagh, Hossein Asadibagheri (also known as Hossein Asadi), Mike Benz, Allen Bernstein, and Michael Bernstein. Tuesday October 28 11:29 AM EST

To: taxikid who wrote (18148)	10/28/1997 12:30:00 PM
From: BP Ritchie	Read Replies (1) \| Respond to of 42771

About rumours of HP buying NOVL ... couldn't be true, because the company is 'not for sale'! I'm pretty sure that there's no 'big deal' involving Novell, yet. If any company could really benefit from buying Novell, it is Intel. But, I think their attention is on Digital and MSFT for now. Novell Management still has a few quarters to prove that they deserve to keep the company independant ... the buyout rumours will be more believable sometime around 3Q98 unless the price is considerably higher by then ... it's finally time that I think Novell has to produce some really good results ... or the Management will lose control of the company assets in some way or another, I suspect that the BOD will finally act to preserve what ever is left of 'shareholder value' if the new management can't show that they are capable of increasing shareholder value in the next few months. So ... probably creep up in price at cautious pace until some good results start to show up in the quarterly reports (maybe 1Q98?)