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

To: Spartex who wrote (21066)	3/13/1998 12:16:00 PM
From: Paul Fiondella	Read Replies (2) \| Respond to of 42771

Marengi tried his best with what he had A sales point of view. He was a channel man. Stuffing the channel probably didn't mean all that much to him---business as usual. He had no vision of what products Novell should have been producing. He played the ambition game and Young was right there in back of him. Meanwhile Novell lost valuable Internet time. I see Marengi as the outcome of the BOD decision not to sell the company to IBM and Frankenburg's abrupt departure. Just because somebody doesn't make it as CEO doesn't mean they would not be valuable for their experience in some other area. Assuming Marengi got stock options at Dell, it was a smart move for him. The damage he did to Novell is what you as a Novell long can suffer with. I think that's the logic.