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

To: Don Hurst who wrote (20148)	2/13/1998 5:21:00 PM
From: Ben Antanaitis	Read Replies (1) \| Respond to of 42771

Don, I believe you have to file a 13G if you own more than 5% of the stock of a company. NOVL in these cases owns 5% or more of the company mentioned in each filing. I also think you have to file one if you no longer own over 5%.... Ben A.

To: Don Hurst who wrote (20148)	2/14/1998 1:24:00 AM
From: Don Earl	Read Replies (2) \| Respond to of 42771

Hi Don, SC 13D: This Schedule discloses beneficial ownership of certain registered equity securities. Any person or group of persons who acquire a beneficial ownership of more than 5% of a class of registered equity securities of certain issuers must file a Schedule 13D reporting such acquisition together with certain other information within ten days after such acquisition. Moreover, any material changes in the facts set forth in the Schedule generally precipitates a duty to promptly file an amendment on Schedule 13D. SC 13G: Schedule 13G is a much abbreviated version of Schedule 13D that is only available for use by a limited category of "persons" (such as banks, broker/dealers, and insurance companies) and even then only when the securities were acquired in the ordinary course of business and not with the purpose or effect of changing or influencing the control of the issuer. ______________________________________________________________________ To my understanding these forms are a statement of ownership and not an intent to sell. Novell did have 17% of Corel but sold 1 million shares prior to the end of last quarter for about $4 per share. As close as I can tell that somehow added an extra penny to earnings. I don't know how that could be, considering that Corel was trading for around $9 at the time they acquired it. I guess some things will have to forever remain a mystery to me. Regards, Don