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


To: Spartex who wrote (23525)8/20/1998 4:57:00 PM
From: DJBEINO  Respond to of 42771
 
COREL CORP. SHAREHOLDER FILES SEC FORM 4
WASHINGTON, DC, Aug. 19, 1998 -- Novell, Inc. of San Jose, CA, a Shareholder of Corel Corp. (SYMBOL: COSFF), disposed of 211,200 shares in 3 transactions for between $1.50 - $1.53 each between July 23, 1998 and July 27, 199 8. Novell, Inc. currently owns 8,360,000 shares. A Form 4 reporting the transaction was filed with the Securities and Exchange Commission on August 10, 1998.

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CORAL CORP. SHAREHOLDER FILES SEC FORM 4
WASHINGTON, DC, Aug. 19, 1998 -- Novell, Inc. of San Jose, CA, a Shareholder of Coral Corp. (SYMBOL: COSFF), disposed of 742,800 shares in 16 transactions for between $1.75 - $3.50 each between July 01, 1998 and July 30, 19 98. Novell, Inc. currently owns 5, 763,500 shares. A Form 4 reporting the transaction was filed with the Securities and Exchange Commission on August 10, 1998.



To: Spartex who wrote (23525)8/21/1998 1:44:00 AM
From: Marc Newman  Read Replies (1) | Respond to of 42771
 
Quad, I love the deferred revenue and like the fact that the company has only bought back a million shares. Means that the spike to $13.50 wasn't driven by Novell's own buying. Also means, of course, that tens of millions remain to be purchased.

$13.50 minimum by Sept. 20 is how I've been seeing it. Maybe we'll hit that target much sooner.

As you said, hopefully the marketing kid gloves will come off when NW 5 ships.

Love the quote from your link:

<<''We've had a directory on the market for five years,'' said
Rich Running, Novell's director of marketing for NetWare.
''Would you rather be the first user on Active Directory or the 40
millionth user on Novell Directory Services?''>>

Best,
Marc