Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Spartex who wrote (22380)	5/29/1998 12:00:00 PM
From: Paul Fiondella	Read Replies (1) \| Respond to of 42771

You have a very sharp eye, you definitely spotted this early yesterday If anyone wonders why Novell gets sued by its shareholders, this is another good example of why.

To: Spartex who wrote (22380)	5/29/1998 12:40:00 PM
From: ToySoldier	Read Replies (1) \| Respond to of 42771

WOW, leaked news about a company. Now thats a rarity in the business world! I guess we should all take NOVL down for this because heaven forbid it has never happened on a daily basis anywhere else. If it weren't for these leaks and rumours, I wouldn't have any fun in the Penny stocks. This happens all the time and the sources could come from anywhere. Lets see how could it have started... 1) the secretary was told to clean up the office for a new person 2) the person being hired has a wife and she mentioned the new job 3) the person was taking too many trips to Provo, UT 4) Eric and this guy were good friends and it was only a matter of time. 5) Someone threw a dart at the SUN Employee Telephone list and decided to leak the right person was coming to NOVL. 5) etc. etc. etc. And you are right Quad, with the internet, this innocent rumour or leak or whatever travels like lightning once it gets out. Also, if this was such great exciting news then why did the stock not continue to rise when the real news finally came out. A non-event News Release got out and was over-hyped by some investors that started a feeding frenzy. I also saw that this hugely terrible leak also spilled the last Quarter's earnings results. OHH, no I guess it didn't. I think some anti-NOVLers have got to get a grip. Next thing we'll here is that Schmidt's recent fart smelled too bad and we should all call the EPA because its not acceptable. I cant believe some of the trivial crap that goes on in this board Quad. Good luck with these guys Quad. I've had enough. Maybe when this board sticks to reality I'll come back. Later Folks! Toy

To: Spartex who wrote (22380)	5/29/1998 2:09:00 PM
From: Paul Fiondella	Read Replies (1) \| Respond to of 42771

Mike Sheridan appointment --- I may be wrong It might be that the Sheridan appointment was known in advance by a number of people. He could have been scheduled to leave Sun months ago. Perhaps there was even a public announcement. It might even have been old news amongst a lot of people and I missed it. It might simply be a coincidence that the press release announcing his appointment came after the spike the previous day and not before. The two events could be completely unrelated. Perhaps even if no one outside the company knew he was coming it isn't significant because hiring someone is not considered material information of consequence to the company. I'm not a lawyer and I don't know. I just associated the Slitz announcement last year and the spike then with the current spike. In any case I want to make it clear that I do not believe that the senior management of Novell especially under Eric Schmidt would ever permit or even tolerate trading on inside information at Novell. It is patently illegal. If they caught someone doing this I think that person would find theselves in a lot of trouble. So perhaps some of the people that bought some of those 6 million shares yesterday at say 10 3/8ths just before the spike up would care to tell us what happened?