The last report i have seen the were still olding 7 617 000 shares, and sold about 650 000 in october between 1.87us - 2.26us.
Item 4. Purpose of Transaction.
Novell acquired the Shares in connection with its sale (the Sale) to Corel of
a line of software products known as WordPerfect and related products. As a
part of the Agreement, Novell is entitled to a nominee to the Board of
Directors of Corel. (With this exception, Novell has no plans or proposals
which relate to or would result in any of the items listed in Item 4.)
On October 1, 2, 5, 6, 8, 9, 12, 13, 14, 15, 16, 19, 20, 22, 23, 26, 27, 28,
29, and 30, 1998, 6,000, 34,000, 45,000, 20,000, 20,000, 30,000, 21,000,
40,000, 20,000, 50,000, 80,000, 60,000, 45,000, 28,000, 44,000, 10,600,
24,500, 10,000, 30,000, and 19,900 shares, respectively were sold. Such
shares were sold at an average price per day, per share of $2.1563, $2.1250,
$2.2239, $2.2656, $1.8750, $1.9166, $2.0000, $1.8750, $1.8750, $1.8750,
$1.9238, $1.9687, $2.1319, $1.9654, $1.8785, $2.00, $1.875, $1.875, $1.8958,
and $1.9375 respectively.
Item 5. Interest in Securities of the Issuer.
(a) As of the date of this Schedule 13D, Novell beneficially owns 7,617,000
shares of Corel Common Stock or approximately 12.83 percent of the issued and
outstanding shares of Corel s Common Stock.
(b) Novell has sole power to vote and dispose of 7,617,000 shares of Corel
Common Stock held of record in the corporation's name.
(c) Other than as described above in response to Item 4 hereof, there were no
Corel Common Stock transactions effected by Novell during the 60-day period
preceding the date set forth on the cover except for 21,000 shares that were
sold in September as reported on the 13D dated October 9, 1998. |
