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

To: Steve Fancy who wrote (21223)	3/18/1998 3:32:00 PM
From: Spartex	Respond to of 42771

Paul F. and Steve F., Thank you very much for the summary of your thoughts on Young. I appreciate your time in putting this together. Regards, Quad-K

To: Steve Fancy who wrote (21223)	3/19/1998 12:03:00 AM
From: E_K_S	Respond to of 42771

Steve- Very good review and to the point brief summary of COB Young's actions. Yes, Frankenburg I feel was positioning the company for a sale. He was cutting the losses on the Word Perfect deal and if given the latitude could have sold Novell for $21 per share to IBM. But then COB Young called the shots and quickly canned that idea and now we are at $10 bucks per share. If the Novell shareholders received IBM shares at that time for a stock for stock merger, the equivalent shares would be worth over $30.00 per share today. Now that would have been a good return! EKS P.S. By the way ... the current developments look quite interesting, but I still would not pay over $8.00 per share. If we get two new BOD members (active in the industry) then I might pay $9.00 per share. I am looking forward to the annual meeting results this April.