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

To: Paul Fiondella who wrote (22408)	6/1/1998 1:56:00 PM
From: DJBEINO	Respond to of 42771

The 388,000 square foot building H will be Novell's seventh on its Provo campus. Located at 122 East 1700 South in Provo City Officials Join Networking Leader to Celebrate Ground Breaking for Largest Office Building in Provo biz.yahoo.com

To: Paul Fiondella who wrote (22408)	6/1/1998 1:56:00 PM
From: George Papadopoulos	Respond to of 42771

Novell Renews Its Commitment to Utah City Officials Join Networking Leader to Celebrate Ground Breaking for Largest Office Building in Provo PROVO, Utah, June 1 /PRNewswire/ -- Novell, Inc. (Nasdaq: NOVL - news) and Dr. Eric Schmidt, chairman and CEO, today welcomed Provo Mayor Lewis K. Billings, Orem Mayor Joe Nelson and other dignitaries to celebrate its renewed commitment to Utah and to break ground on a new, state-of-the-art facility that nearly doubles the size of the networking leader's Provo, Utah headquarters. The 388,000 square foot building H will be Novell's seventh on its Provo campus. Located at 122 East 1700 South in Provo, the building has convenient access to the University exit on I-15, providing Novell's employees with an accessible workplace at the heart of Provo's East Bay industrial park. Expected to be complete by January, 2000, approximately 1,000 employees will use office and laboratory space in the eight-story granite, limestone and glass building. Exterior amenities will include basketball and volleyball courts, open grass play area and extensive landscaping including 350 new trees. ''As we begin construction on this beautiful new building, Novell reaffirms that we are in Utah to stay,'' said Dr. Eric Schmidt, Novell chairman and CEO. ''We are a global company with two anchors: one in Utah and one in San Jose, California. In both places, we are building for the future based on a high quality of life, world-class technical talent, and a favorable business climate. Our customers, partners, and employees will continue to enjoy the best of both places.'' The new building will allow Novell to consolidate Utah operations which are currently split between Novell's Orem and Provo campuses. Ample room will exist in the new campus for the approximately 1,400 people who work for Novell in Orem today, as well as for significant growth in business and the employee base. In the event of even greater growth, the company has prepared provisional plans for phased expansion on the site. Consolidation of the Utah workforce parallels a similar move in Silicon Valley, where Novell is nearing completion of an entirely new campus. Employees there will move from operations currently taking place in seven buildings leased and three owned by the company in the Fortune Drive area of San Jose to the new campus. ''Consolidation in Provo and San Jose makes good business sense for Novell as we continue to improve efficiency, communication, and teamwork throughout our business,'' said Dr. Schmidt. ''Our new facilities in Utah and Silicon Valley help us reduce operational overhead over the long range. In addition, we are creating superb work environments that are designed to attract the world's top networking talent.'' Designed by MHTN architects and built by Okland Construction of Salt Lake, the building will use more than 25 miles of fiber optics for site communications and more than 500 miles of level-six station cable for desktops and labs. Enough concrete will be used to build a four-foot-wide sidewalk more than 61 miles long. The building will be powered by six megawatts of electricity which is enough to power two Delta Centers, or six subdivisions of 150 homes. About Novell Founded in 1983, Novell is the world's leading provider of network software. The company offers a wide range of network solutions for distributed network, Internet, intranet and small-business markets. Novell education and technical support programs are the most comprehensive in the network computing industry. Information about Novell's complete range of products and service can be accessed on the World Wide Web at novell.com. SOURCE: Novell, Inc.

To: Paul Fiondella who wrote (22408)	6/1/1998 1:59:00 PM
From: Elmo Gregory	Read Replies (2) \| Respond to of 42771

Maybe Novell was just ahead of its time with NEST but perhaps they should have continued the development anyway. ------------------------------------------------------ NEST-enabled Set-top Box NEST software lets a television set-top box act as a node on a computer network, turning the worlds' vast cable broadcast infrastructure into a powerful multimedia computer network. NEST gives a traditional cable-tv connection new, two-way communications capabilities, allowing viewers to access a wide array of interactive services including video-on-demand, travel reservations, banking, shopping and electronic mail through their television settop box. Communications over broadband cable-tv connections will provide far greater speed and reliability than currently available modem/telephone connections. Novell's graphical navigator technology, code-named Corsair, provides a simple user interface, allowing people to browse the network options of their choice. novell.com -------------------------------------------------------- Since its launch in February, NEST has gained wide acceptance as a versatile way to build networking capabilities directly into any intelligent device. Novell and major automobile manufacturers are now discussing the possible use of NEST in vehicle systems to support remote diagnostics over wireless networks. Novell has also signed an agreement with Microware to implement NEST in interactive TV set-top boxes. novell.com -------------------------------------------------------- I'm still looking for information about the sale or transfer of NEST.