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

To: ToySoldier who wrote (23845)	9/15/1998 3:36:00 PM
From: DJBEINO	Respond to of 42771

Netscape, Novell Executives to Speak at Gilder Conference Bloomberg News September 15, 1998, 11:12 a.m. PT Netscape, Novell Executives to Speak at Gilder Conference Lake Tahoe, California, Sept. 15 (Bloomberg) -- Business leaders, big thinkers and technology companies including Netscape Communications Corp. and Novell Inc. will gather this evening in Lake Tahoe, California, to discuss what may be one of the most lucrative areas in techdom: bandwidth. Bandwidth is the capacity to push information over phone lines, satellite signals and television cables. The world is hungry for it, mostly because the of the Internet, which plugs up the world's wires with billions of bits of data everyday. The three-day conference that starts today is being hosted by Forbes magazine and George Gilder, a leading prognosticator about how the world will get enough bandwidth to meet its needs. Much of the conference will be devoted to discussing which companies will be able to provide bandwidth best. ''As the Internet continues to grow at an unprecedented rate, bandwidth presents both a challenge and an opportunity,'' Gilder wrote to attendees of the conference. Venture capitalists have made millions by betting on winning bandwidth providers. New Enterprise Associates, for one, made more than $400 million with a $4 million investment in Internet- access provider UUNet Technologies Inc., which through two takeovers has since become part of WorldCom Inc. Gilder, who studied under former Secretary of State Henry Kissinger at Harvard long before he became a technology guru, will give the opening address at the ''Telecosm'' conference. Other speakers include Marc Andreessen, the Netscape executive who helped develop the technology for Internet browsers, Eric Schmidt, Chairman and Chief Executive at software maker Novell, and James Crowe, President and Chief Executive at Level 3 Communications Inc., which is building a $2.2 billion fiber-optic phone and data network. Gilder calls this year's conference a ''bandwidth blowout,'' where executives will discuss the future of telecommunications and the Internet. Panels will be held on wireless communications, optical networks and satellites. Really big thinkers can attend a session on ''bio computers,'' which will explore the evolution of genetic algorithms. Most of the attendees are expected to be from telecommunications and networking companies, such as Lucent Technologies Inc., North America's largest telephone equipment maker, and Cicso Systems Inc., the world's largest networking company. The conference is being held at the Resort at Squaw Creek in Olympic Valley, California. It ends Thursday.