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

To: Steve Fancy who wrote (22646)	6/13/1998 2:07:00 AM
From: Elmo Gregory	Read Replies (2) \| Respond to of 42771

Steve - "...the BOD will be shamed or voted out as a result..." How can you even make such a statement? There is absolutely no way to get rid of the board of directors. The company would have to go bankrupt before they could or would be removed. The deck is stacked--pure and simple. There is no way to even nominate a new board member and get their name on the ballot. The following is from the last 10-Q filing with the SEC. ---------------------------------------------------------- The following tables set forth the outcome of the matters voted upon at the meeting and the number of votes cast for, against or withheld. Votes Votes Proposal 1 For Withheld ------------------------------------------------ Election of Directors Eric E. Schmidt 305,236,289 4,840,691 John A. Young 302,773,827 7,303,153 Elaine R. Bond 262,576,579 47,500,401 Hans-Werner Hector 262,801,106 47,275,874 Jack L. Messman 260,610,914 49,466,066 Larry W. Sonsini 257,957,034 52,119,946 ------------------------------------------------ Where are the votes to remove any board member? The votes just aren't there. Any representation that the board of directors can be removed is absolute nonsense. You, of all people, should know better. Regards, Elmo

To: Steve Fancy who wrote (22646)	6/13/1998 6:32:00 AM
From: EPS	Read Replies (1) \| Respond to of 42771

...then this baby may really pop...free at last. Steve, I think it is doing just fine right now. Another major upgrade probably coming up next week...We could finally see some momentum building up. I expect to see NOVL @ 15 in short order..(now that would take us back to 1996!) IMHO the level of detail of the doings or wrong doings of the BOD that is discussed in the thread while of some interest is becoming obsolete. I mean when this company was in deep trouble and without direction that made a lot of sense but the situation has changed now. Moreover the problem is solving itself as the old board is slowly but surely being pushed out. This natural evolution is probably best for all. $Schmidt is proving himself to be very good: he has very chance in the world to cash his options for at least 20 mill (he just needs to get NOVL @ 20).$ Surely I don't miss the Joe times and in fact I don't miss any recent (4-5 years) NOVL times. I am looking forward to a better future and for the theme of the thread NOVELL dirt cheap to become obsolete as well. Regards to all Novellers Victor

To: Steve Fancy who wrote (22646)	6/13/1998 10:13:00 AM
From: Spartex	Read Replies (2) \| Respond to of 42771

Steve: Back during last Dec97-Jan98, you should have been focusing on "Novell as the Network" (like Schmidt said), rather than "The BOD has screwed Novell's Network" (and the shareholders). Otherwise, you could have already experienced a 50+% pop in appreciation of your stock holding. I look forward to reading and posting information and opinions here on where Novell is going, and its not a matter of being right or wrong. It a matter of using ones experience and collection of evidence to help in predicting the future direction of a company (and share price direction). In this case, Novell has been my single greatest focus based on what I've discovered after observing Schmidt's leadership and product direction in what is becoming the hottest tech growth sector over the next decade. Literally, like the networking hardware routers, hubs, and switches of the 90s I'm stating this respectfully, as the sooner one divorces ones self from Novell's past, the sooner one can see Novell's future. My regards, QuadK