Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: E_K_S who wrote (24144)	11/1/1998 4:36:00 PM
From: dwight vickers	Read Replies (1) \| Respond to of 42771

Eric, Finally, some interesting posts. I've been watching with interest all the people I've seen mentioning NOVL on forums like CNBC. Lots of sudden bulls. It sure does make you question (like it's the first time) the savvy of the investment world (Mark's post) when they still hate a stock at the bottom, but jump on the momentum wagon when it's doubled. To VIP's post on insiders buying at some point: Too late. If they were buyers it would likely have happened closer to the lows. More likely now is selling all (?) the way up. Gary Gary Gary: Novell insider selling has been persistent in a quiet kind of way. Certainly not heavy. Most insiders haven't sold a share. Dwight

To: E_K_S who wrote (24144)	11/2/1998 11:51:00 AM
From: Greg Johnson	Read Replies (1) \| Respond to of 42771

>One observation that concerned me was the re-pricing of the employee stock options late last >year. If Novell has turned the corner and can begin to grow their revenues, there will be an eventual >lid on the stock price until all of these re-priced stock options are exercised. >late last year It was July, by the way. This is a rather naive question on my part. Are the number of options granted to employees a big enough number to matter? Is that number publicly available? >Therefore, Novell IMO needs to provide employee stock option incentives but not at the expense of >the shareholder. I am sure a structure can be implemented that is mutually beneficial to both the >employee and the shareholder. Well, from a down-in-the-trenches-grunt point of view, employee morale was sorely hurting back at the time of the option reset. I think that move was absolutely essential to prevent further loss of talent within the company. Without happy worker bees, there can be no honey! By the way, at today's prices, many of those options would STILL be under water without the reset. Without it.......drowning bees everywhere!