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

To: DJBEINO who wrote (21757)	4/22/1998 12:42:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 42771

Novell's Third Beta Version Of Netware 5 Available April 27 PROVO, Utah -(Dow Jones)- Novell Inc. said the third beta release of its NetWare 5 will be available April 27. NetWare 5 Beta 3 features an enhanced version of Novell Directory Services and ConsoleOne, a Java-based framework for consolidating and managing all network management utilities from a single graphical user interface. Novell (NOVL) said Netware 5 Beta 3 also includes a Java Virtual Machine, a five-user license of Oracle8, Netscape FastTrack Server for NetWare and Netscape Communicator, and Novell Upgrade Wizard. The company said there are currently more than 122,000 people testing the second beta version of NetWare 5, which the company expects to deliver in mid-1998. Analysts project NetWare 5 could bring Novell 10% to 15% annual revenue growth starting next year. Novell said customers can register for NetWare 5 Beta 3 on the company's web site for a fee of $20. In its heyday, Novell set the pace for software that links computers in a network, but the company has since seen its dominant position erode under attack from Microsoft Corp.'s (MSFT) Windows NT. In response, Novell has switched gears and concentrated on rebuilding its products around the standard protocol of the Internet. The company has said it plans to be a "pure" Internet software firm by this summer. Working in the company's favor is a new management team headed by former Sun Microsystems Inc. executive Eric Schmidt, who joined Novell a year ago as chairman and chief executive. Schmidt, who headed the team that developed that oversaw development of the Java programing language at Sun, has slashed inventories at Novell's distributors by halting shipments and speeded the flow of long-overdue technology to market. The company's product lineup includes its NDS network user directory, which runs on Microsoft's Windows NT; BorderManager, network management software for intranets; GroupWise, groupware that has almost 9 million users; and ZenWorks, management software for remote network access. Copyright (c) 1998 Dow Jones & Company, Inc.