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

To: Bearded One who wrote (23658)	8/28/1998 11:17:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 42771

Novell Reaches Settlement With Workers Who Formed Wolf Mountain NEW YORK -(Dow Jones)- Novell Inc., a developer of networking software, Friday announced it has reached a settlement with three former engineers the company accused of stealing software in a case dating back to last May. Orem, Utah-based Novell (NOVL) had accused Jeff Markey, Darren Major and Larry Angus of stealing technology that some analysts consider the company's secret weapon against rival Microsoft Corp. The settlement calls for the dismissal of all claims filed between the parties, a permanent injunction against use or disclosure of certain trade secrets and payment of an undisclosed sum to Novell by the ex-employees. In February, a judge in Utah ruled the three took company trade secrets with them when they left the networking company early last year. The judge had told the men that they couldn't - for the next nine months - develop software products based on the knowledge they gained while at Novell. They were working on a technology called "clustering," an alternative to networking that links several personal computers to act like a mainframe. The trio had formed a company called Wolf Mountain - which, as Novell charged, was the code name for a Novell product the men were working to develop. The judge concluded the men - who later changed their company name to Timpanogos Research Group - intended to use Novell technology to market a product in connection with Microsoft. The issue, the judge had ruled, wasn't whether Timpanogos should be allowed to compete with Novell. The problem, he said, was that when Merkey and Major left Novell, they took a former Novell project, renamed it and continued to work on it. Just days after leaving Novell, Merkey met with Microsoft representatives in Redmond, Wash., to discuss releasing a product that was identical to one Merkey had been working on at Novell. Merkey not only disclosed confidential technical information that belonged to Novell, but he also planned to pirate it in creating his own product called "Tapestry," the ruling said. Copyright (c) 1998 Dow Jones & Company, Inc.

To: Bearded One who wrote (23658)	8/31/1998 1:52:00 PM
From: dwight vickers	Read Replies (1) \| Respond to of 42771

Can't let you get away with this one!!! - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - Someone else is going to have to explain to Clinton that he will go down in history as the one responsible for a stock market crash with Monica Lewinsky as the prologue. "Oh, that's such crap. The Stock market was around 3000 in 1993-- it's now up 166% or so in 6 years. If the market continues crashing down to 6000, it will still be up 100% in 6 years, which is far better than under Reagan or Bush or Carter or Ford or Nixon or Johnson." - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Check where the stock market went from 1980 to 1988, the years of the Reagan regime. You would also be especially well advised to check out stock market performance during Johnson's term. During the days of the last bubble, which he helped create, and following administrations paid for. Reagan spent $10's of billions on defense to crush communism. Clinton has benefited by hollowing out our defensive capabilities. Not necessary to have a strong military during these "peaceful" times, I guess. Bush had to spend $10's of billions bailing out the S&L's, and the banking system in general. Clinton has benefited as some of the assets acquired then have been sold during his term, lowering the deficit. He is the luckiest SOB in the office in decades. Others bit the bullet and he has benefited over and over again as the economy has done well, and their prior actions have helped the deficit and interest rates. He struggled mightily against the Republicans that we "couldn't balance the budget in less than 10 years". As it was beginning to balance itself. Dwight (What exactly did he do?)