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

To: Paul Fiondella who wrote (18570)	11/19/1997 5:12:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 42771

AMERICAN POWER CONVERSION - Powerchute Plus For Intranetware V4.3 With Support for Novell Directory Services [93] Improved Network Performance, System Security and Asset Management American Power Conversion announced the release of PowerChute plus for IntranetWare v4.3 for Novell's IntranetWare. This latest version of uninterruptible power supply (UPS) monitoring software enhances the manageability of APC's UPSs through Novell Directory Services (NDS). This software enhancement continues APC's commitment to broaden file server support. "APC is the first UPS manufacturer to actively support NDS," said Michael L. Simpson, director of marketing for Novell's Internet Infrastructure Division. "APC's UPSs provide excellent power protection for IntranetWare servers. The release of this UPS integration with NDS is another step forward in the plan to make directory services a single point of administration and single log-in infrastructure for the entire network." With PowerChute plus for IntranetWare v4.3, system administrators will benefit from improved network performance and systems security in addition to easier monitoring of all APC UPSs. Network performance will be improved by reducing network traffic. Without NDS support, NetWare servers would run bindery emulation and broadcast repeated messages on services available. With PowerChute plus 4.3, the APC UPS service no longer requires bindery emulation and is automatically detected by NDS, thereby reducing traffic on the users network. From a security standpoint, PowerChute plus v4.3 will no longer prompt the user for a password. When the administrator tries to launch the graphical interface to view UPS information, access rights to the UPS will be verified through NDS. As long as these rights are confirmed, the administrator will automatically be granted access to PowerChute plus v4.3. Users will now have the ability to use the network administrators utility of NDS to view the status of all UPSs on the network. In addition, the administrator will have access to information such as UPS model, firmware revision, serial number, server name, self test result, COM port and battery replacement status. NDS is the technology that provides a single, global view of all network services and resources with a single log-in, regardless of the location of the user or the resources. It also offers a single point of control for administrators through graphical administration utilities. PowerChute plus for IntranetWare v4.3 is expected to be available as a free download on APC's PowerPage -- apcc.com in September 1997 and will be bundled with APC's Smart-UPS units. American Power Conversion is the marketshare leader in the design, manufacture and marketing of power protection equipment, including surge suppressors, uninterruptible power supplies (UPS), power conditioning equipment and related software for computer and computer related equipment. APC reported sales of $707 million for the year ended December 31, 1996. The company is headquartered in West Kingston, RI, and its products are distributed worldwide. Product lines include: Back-UPS(R), Smart-UPS(R), Matrix-UPS(TM), PowerShield(TM) UPS, Line-R(TM) power conditioners, SmartSlot(TM) UPS accessories, MasterSwitch(TM) PDUs, Symmetra(R) Power Array(TM), PowerChute(R) software, PowerNet(TM) SNMP adapters and software, SurgeArrest(R) surge suppressors, ProtectNet(TM) data-line surge suppressors, and PowerManager(TM) PowerCenters. American Power Conversion is an affirmative action/equal opportunity employer. NOTE: All trademarks are the property of their owners. Call: 800-877-4080 Web: apcc.com /TEL: Juli Dexter, media relations manager, 800-788-2208, ext. 2373 or jdexter@apcc.com or Ron Seredian, media relations manager, 805-259-7799 or rseredia@apcc.com or Debbie Grey, investor relations manager, 800-788-2208, ext. 2994 or dgrey@apcc.com all of APC/ /American Power Conversion press releases available through Company News On-Call by fax, 800-758-5804, ext. 046187, or at http://www..com/ (APCC)

To: Paul Fiondella who wrote (18570)	11/19/1997 9:19:00 PM
From: Joe Antol	Read Replies (2) \| Respond to of 42771

Paul: The gathering financial crisis in Korea sent another shock wave through Asian markets Wednesday, as the Korean government unveiled a tough new bail-out package that analysts immediately pronounced too little, too late. At the core of the crisis: the plunging value of the Korean currency -- the won. As recently as Friday, Oct. 25, you needed only 930 won to buy one U.S. dollar. Since then, though, the exchange rate has soared almost daily. And on Wednesday, it took only minutes for the rate to hit 1035.5 won to the dollar - - enough to trigger the third straight halt in trading in the currency this week and add to the recent Asian financial turmoil. The bail-out package, announced after the market halt Wednesday by the newly appointed Minister of Finance and Economy Lim Chang Yuel, lays out a number of tough measures, including a boost to a government-support fund to cover bad debts, opening some bond markets to foreign investors to attract overseas currency and widening the amount that the won can fall before currency trading is halted. But one key element that many analysts had been looking for was missing: the Korean government still will not accept an International Monetary Fund bailout, nor the tight fiscal controls that would come with it. As a result, though Korean stocks closed up 7.93 points to 502.59 by day's end, many analysts said the bail-out package would not be enough to solve the country's woes. (For more on the origin and effect of currency crises. ************************************************* HOWEVER...... while you were out raking your leaves <G>: ************************************************* Problems in Asia Overcapacity in Asia is putting downward pressure on prices. "Overinvestment is the basic engine of deflation," points out Merrill Lynch economist Charles Clough." And the 1990s saw a surge in Asian capacity building, as high domestic savings rates coincided with strong foreign direct investment to massively inflate Asia's capital stock." This trend is directly linked to the current round of worldwide currency devaluations, which themselves put downward pressure on prices elsewhere. "Countries in Asia are trying to export their way out of deflation by devaluing," says Clough. The U.S. and Europe will "import" some of this deflation, he says. Put together, all these factors point to downward pressure on prices ahead. What's different this time is that many of the trends can't be changed by politicians or economic cycles. In other words, they will have an impact on prices regardless of economic shifts that normally might cause inflation to kick in. "So the old cyclical indicators of inflation no longer play the role they once did, even though the Fed, market strategists and the press continue to focus on them," says Paulsen. Keep in mind that as good as the case for lower prices sounds, not everyone is convinced. "I don't really see a strong deflationary trend materializing," says Carl Wiese, a portfolio manager at Hokanson Capital Management in Encinitas, Calif. "People are arguing that there is overcapacity in Asia. But I believe the market has a way of adjusting itself and that capacity will be taken out." Other detractors point out that Asia is not big enough to drive global disinflation by itself, even if the Japanese economy sinks even lower because of problems there. What's more, money supply is growing in most of the world, and that's not usually a condition for deflation, points out David Shulman, the market strategist at Salomon Brothers. Other naysayers point out that the evidence of rising productivity, a key part of the deflation argument, is spotty at best. ========================================================= Somtimes illogical is logical <g>. Who knows? Regards, Joe...