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

To: E_K_S who wrote (24880)	1/3/1999 6:27:00 PM
From: Scott C. Lemon	Read Replies (3) \| Respond to of 42771

Hello Eric, > Hi Scott - I hope you are feeling better. Somewhat ... but this is my annual sickness. Picked up the bug the day after Christmas and have been down since. Seems like the flu is passing, only to leave some nasty cold symptoms ... ;-( > Yes that new building is stellar! I understand that it has an > employee gym with all the newest weight lifting equipment, showers, > changing rooms and other sport facilities. I walked past this area on the ground floor ... it looks really nice. They also have outdoor courts for other exercise, etc. > Also that new cafeteria is a big hit. I am told the food is quite > good. Yes ... I can only hope that the same shows up in Provo. I remember that one of my early job interviews was with Black Box Corporation in Pittsburgh, PA. The President, Gene Yost, had set up a deal of "free lunches" for all employees. They found that the benefits to the company were numerous with better health insurance terms, more company conversation, and less lost time due to employees driving out to lunch. They have done a very good job to provide an environment on par with most of the other companies in the industry. > These new facilities are well worth the investment as Novell's > biggest assets are their employees. I agree ... and the employees have noticed! > Novell does not really own the building but has the option to > purchase their long term lease (ie. buy out clause) from the > builder at a fixed price. They still own the land however. I knew Novell owned the land, I was not aware of the buildings though. I'm going to guess that maybe there were benfits to building with this type of financing structure? > Did you fly in on the Novell charter plane or take a standard > commercial flight? I flew Delta on my own dollars. The trip was both for business and pleasure. Much of my family lives out in the Bay Area, so I set up the trip to get some work done at the beginning of the Christmas week, and then to stay over for Christmas. I've flown on the new jet once ... very impressive and useful ... for all of the people in the company flying back and forth, it's being well used. > You can almost walk from the air port to their new building. Yep ... just a short hop across 101 from the San Jose airport! > I wonder if CEO Schmidt is qualified yet to fly the Novell > airplane? You know he has been taking flying lessons.... I don't know about that, although I understand that he enjoys flying. > EKS Scott C. Lemon