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

To: EPS who wrote (23626)	8/26/1998 7:59:00 PM
From: DavidD	Read Replies (1) \| Respond to of 42771

Oops, I see a little resistance a twelve. Let's hope the stock is just taking a breather. A few upgrades could be big here. Druckenmiller (spelling?), on CNBC today, said he thought the overwhelming negative sentiment was a positive sign and he wouldn't be surprised to see a big cap rally soon. This could help... Just food for thought.

To: EPS who wrote (23626)	8/27/1998 2:31:00 PM
From: EPS	Read Replies (4) \| Respond to of 42771

Noorda's turn Another day, another legal blow to Microsoft By Brenon Daly, CBS MarketWatch Last Update: 1:58 PM ET Aug 27, 1998 Also see Tech Report REDMOND, Wash. (CBS.MW) -- Another day, another scathing allegation about the business practices of Bill Gates and company. Microsoft (MSFT) allegedly planned to place a "bug" in its operating system that would be launched if users ran a rival program, according to The Wall Street Journal. The bug, whose existence was reportedly documented in intracompany e-mails from 1991, "should surely crash [computers] at some point shortly later." The charge is part of an antitrust suit brought against Microsoft by a small Utah-based company called Caldera, which has alleged that the Redmond, Wash.-based software giant has used unfair means in a bid to squeeze out competition in the software industry. The allegation also comes on the heels of the Justice Department's broadening of its investigation of Microsoft business practices to include an inquiry into whether the company bullied its Wintel ally, Intel. (See related item.) Sour grapes? Such charges "could be a negative for Microsoft, but they need to be proven first," said Steve Shepich, an analyst at Olde Discount Corp. "Ninety percent of the stuff you're hearing is just sour grapes." Indeed, Caldera is in the same neighborhood as Orem, Utah-based Novell (NOVL), and the two founders of 4-year-old Caldera -- Bryan Sparks and Ray Noorda -- previously held posts at Novell. Sparks, Caldera's chief executive, was a top engineer at Novell; Noorda, a financial backer of Caldera, ran Novell for a time. Microsoft successfully undercut Novell earlier this decade with its business software offering. Novell shares currently trade at just one-third the level they did in 1992 and 1993. "The people who are crying the most are old-school Silicon Valley types" who have been outmaneuvered by Microsoft, said Shepich, who said he believes the "majority" of Microsoft's business practices are legal. E-mail memories The e-mail sparked reminders of earlier internal memos that indicated Microsoft aimed to "strangle" Netscape to capture the leading role in providing software to let people surf the Web. Those documents surfaced when the government began looking into the possibility that Microsoft unfairly extended its dominance of desktop software to Web software. The Department of Justice and Microsoft are scheduled to return to court on Sept. 23 to fight out that historic case. Additionally, the Justice Department is probing allegations that Microsoft Corp. muscled its closest ally, Intel Corp., in a bid to steer the giant chip maker away from Internet technologies, according to reports published Wednesday. But Wall Street appeared unflustered by the latest allegations about the world's largest software company's throwing its weight around. Microsoft shares, however, were down 2 1/16 to 110 1/2 in Thursday afternoon trading amid broad marker weakness. Brenon Daly is a reporter for CBS MarketWatch.