SI
SI
discoversearch

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 : Corel - Investors with no Humor -- Ignore unavailable to you. Want to Upgrade?


To: A. Reader who wrote (716)6/29/1998 2:37:00 PM
From: A. Reader  Read Replies (2) | Respond to of 1094
 
Novell to dump holdings in Corel
..."We will dispose of those holdings over time, but we have restrictions on how much we can sell at any given time," said Darcy Mott, vice president and treasurer at Novell. He estimated it will take more than a year to sell all of Novell's shares in Corel and SCO.

"Novell has been very forthright about its plans," said Corel Chief Financial Officer Michael O'Reilly. "They're our largest shareholder, but they don't consider us a strategic partner and I can appreciate that."
zdnet.com