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


To: Elmo Gregory who wrote (20928)3/10/1998 12:36:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 42771
 
Yes Elmo, I did...thank you. I'm just trying to update my understanding of a couple issues, and unless I'm missing something, they own more real estate than I thought, and the details on Provo construction are still a mystery. I also did not determine what they plan on doing with the San Jose buildings they already own. I wonder if they plan on using revenues from the lease of the Orem facility, or the sale of the San Jose buildings to cover the new building in Provo.

I'm also trying to understand the role of a vice-chairman, in that if I understand correctly, Mr Young makes 80K more a year than other board members? I suppose I can write IR, just don't expect an answer with any substance. The art of a IR professional seems to be to answer the question, without answering the question...just get em to go away. This is not specific to Novell in my experience.

And finally the Novonyx mystery...do you understand this arrangement at this point? I'm more confused than I was.

Thanks again for info, and good luck Elmo.

sf