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

To: Paul Fiondella who wrote (23714)	9/2/1998 10:41:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 42771

Novell Reduced Corel Stake by 590,000 Shares in July, G&M Says Bloomberg News September 2, 1998, 7:16 a.m. PT Toronto, Sept. 2 (Bloomberg) -- Novell Inc. sold 590,000 shares of Ottawa-based Corel Corp. in July, further reducing its stake in the software maker, trading reports filed with the Ontario Securities Commission showed, the Globe & Mail reported. In a July U.S. Securities and Exchange report, Novell indicated it would sell 500,000 shares in three months. Provo, Utah-based Novell said in the U.S. report it would sell the rest of its stake, 8.36 million shares, in the next year, the paper reported. Novell reported a fiscal third-quarter profit that beat analysts' expectations as the maker of networking software cut costs and boosted revenue by selling new Internet-based products.