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

To: Scott C. Lemon who wrote (18519)	11/16/1997 10:37:00 AM
From: Joe Antol	Respond to of 42771

Scott wrote: >> I'm sorry, but after you posted the challenge, I decided to look. As I said I remebered seeing a post I figured that it had to be here somewhere. It appears that what I saw was post #14768 which reads as follows: > To: Paul Fiondella (14766 ) > From: Paul Fiondella > Friday, Jul 18 1997 5:02PM EST > Reply #14768 of 18518 > > CHECK THIS ONE OUT!!!!!!!!!!!!!! > > Subject: Email to Peter Troop > Date: Fri, 18 Jul 1997 10:23:50 -0700 > From: Estelle Stephens <ESTEPHEN@novell.com> > To: softel@direcpc.com > CC: Estephen@novell.com > > Dear Mr. Flondella, > > Before leaving for vacation, Peter Troop asked me to follow up on a > question that you raised in your recent email concerning John > Young's compensation. In reference to that inquiry, when Mr. > Young's role changed from Acting CEO to Vice Chairman, his > compensation was reduced. However, it is our corporate policy not > to comment on employee compensation except as required in Novell's > annual proxy. > > Sincerely, > Estelle Stephens > > Investor Relations Manager > estephen@novell.com > 408-577-6259 I'm sorry to say that my statement that "John Young was no longer getting $10k per week" appears to bebased on this post.<< Joe responds: Not good enough Scott. "Compensation" is not defined in any way shape or form in this carefully worded response to Paul from I/R. Try again. You need to go to the annual report to get the correct information. You need to see what is said in this year's annual report to get the correct information. For all I know, John Young's reduced compensation" referred to in this email to Paul, could mean his celluar phone was removed from the company car he has. Joe then wrote: > The leech John Young continues to rape the shareholders and the company < and add's in this post (that includes the Novell employees too!). Scott then said: >> Ok ... I will grant you that this message does not* say that it was eliminated ... but it does say reduced. Until you can give me a specific figure I'm not sure that I can agree with your perspective. << Until you can define "what" compensation they are referring to, I stand by my statement above. You are "assuming" the compensation being referred to in this "boiler plate" response to Paul from your I/R is alluding to the $10,000 (TEN THOUSAND DOLLARS) John Young receives EACH AND EVERY WEEK for SITTING ON THE NOVELL BOD. $10,000 (Any lurkers -- remember that when you make a decision to invest) Joe then wrote: >> Why does David Bradford and Glen Ricart keep dumping their stock? << Scott then responded: >> I don't know. Maybe they need the money and/or the loss for accounting reasons ... I don't know that I can relate the actions of a few people to the whole company ...<< These few people (Marengi included in past) as well as some other senior level woman (can't remember her name), are your core executives Scott! My God, Glen Ricart? Sheesh -- he's your Cheif Technology Officer! If he doesn't have faith in your products or future, what in God's name would an investor logically conclude from that? Scott then wrote: >> Why am I continuing to buy? << I have no idea. I am waiting for the results of a tax analyis being done (right now..), and will make decisions based on that. Novell is the only focus point I gave instructions to regarding this with the CPA. I am not buying any longer. Scott wrote: >> As for opinions, they are just that. My opinion is that I have not been presented with enough fact to draw conclusions. Sorry ... I tend to think and work in logical, not emotional, ways. << As do I Scott. Very logical conclusions. BTW, no malice intended to you Scott. It's OK to be emotional <g>. --- rounds out the character <s>. Regards, Joe...