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: Paul Fiondella who wrote (22844)	6/22/1998 4:59:00 PM
From: vinod Khurana	Respond to of 42771

It's been a long time but I have been monitoring NOVL just like the rest of you. Where is Joe these days ? V.K

To: Paul Fiondella who wrote (22844)	6/22/1998 5:04:00 PM
From: Spartex	Read Replies (1) \| Respond to of 42771

Paul and others with trading services: It appears that at 3:50-3:55 pm today a ~125K block of NOVL was either sold/bought. Just curious what it was, as if it was a sale, it looks like the MM's brought the price down to allow execution of a limit sell order. Regards, QuadK

To: Paul Fiondella who wrote (22844)	6/23/1998 11:03:00 AM
From: Spartex	Read Replies (1) \| Respond to of 42771

Paul: I'm not sure about Apache news affecting NOVL's trading action yesterday...... <<Could NSCP's bath today be having an influence on NOVL See my post #22843 for the article where IBM chose to dump the Netscape web server in favor of the UNIX based Apache.>> But it looks like NSCP's action yesterday may have been related to a leak (negative anticipation) of the following news re: MSFT injunction overturned Time to call up the SEC???.....;)......QuadK Tuesday June 23, 10:38 am Eastern Time Appeals court overturns Microsoft injunction WASHINGTON, June 23 (Reuters) - The U.S. Court of Appeals on Tuesday overturned an injunction that prevented Microsoft Corp. (MSFT - news) from requiring computer makers who use its operating system to also use its Internet browser. In a broad ruling, the appeals court decided 2-1 that a lower court made both procedural and substantive errors in imposing the injunction. Last fall, the Justice Department asked a federal judge to hold Microsoft in contempt and fine it $1 million a day for breaking a 1995 consent agreement by tying its Web browser to its Windows 95 operating system. Microsoft argued that it had the right under the agreement to integrate the products. The appellate court agreed with Microsoft. ''We find that the District Court erred procedurally in entering a preliminary injunction without notice to Microsoft and substantively in its implicit construction of the consent decree on which the preliminary injunction rested,'' the court said. One of the government's key arguments was that Microsoft also sold its Web browser separately and therefore they were separate products. But the court said an ''integrated product'' was one that that combines functionalities in an advantageous way for the purchaser, regardless of whether components were also sold separately. In addition to the Justice Department's narrow case over the 1995 consent decree, the department has also brought a broad antitrust case alleging that Microsoft competed unfairly with other software makers. A trial in that case has been set for Sept. 8.