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


To: Paul Fiondella who wrote (24971)1/13/1999 4:28:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 42771
 

<<$4 billion isn't enough to go after either one. >>

DONT FORGET IBM STOCK (185 1/2), YOU CAN BUY BOTH...

IBM files $4 billion shelf registration
WASHINGTON, Jan 13 (Reuters) - International Business Machines Corp. filed Wednesday a shelf registration with the Securities and Exchange Commission for up to $4 billion in debt securities, capital and preferred stock, depositary shares and warrants.

The Armonk, N.Y.-based computer maker is also carrying forward an additional $1.115 billion in previously registered securities, thereby making the total registration worth up to $5.115 billion.

Net proceeds will be used for general corporate purposes, which may include the repayment of debt, investments in or extensions of credit to subsidiaries, redemption of preferred stock or the financing of possible acquisitions or business expansion.



To: Paul Fiondella who wrote (24971)1/13/1999 4:30:00 PM
From: DJBEINO  Respond to of 42771
 
NOVELL: Novell agree six-figure settlement in software piracy case

JAN 13, 1999, M2 Communications - Novell UK -- Novell UK announced that it has reached a six figure settlement in a High Court case brought against GTi Networks Group Ltd and certain named individuals. The company, based in Salisbury, has also undertaken not to make or install any further illegal copies of Novell's network operating system, NetWare or any other Novell product.

Novell first became aware of GTi's activities in 1997 following calls to the Novell Anti-Piracy Hotline from GTi's customers. Simon Swale, Novell's regional licensing investigator said, "These customers comprised of Primary and Secondary Schools and Veterinary Practices who had purchased bespoke software, designed to run on Novell NetWare, from GTi. The presence of duplicate serial numbers identified the products as illegal."

Swale continued "Any customers of GTi who have not so far been contacted by Novell can call the Novell Anti-Piracy Hotline on 0800-747283 for advice and assistance."

Business Data Systems Ltd of Edinburgh has agreed heads of terms to take over GTi's business and together with Novell are committed to providing former customers of GTi with legal Novell software.

Mr Derek Keen, commercial director for BDS stated, "We are pleased to have this opportunity to work with Novell, and we're looking forward to a strong working relationship with them in the future."

Novell investigated over 1300 cases of software piracy worldwide in fiscal 1998. With established Anti-Piracy Groups in Europe, America and Asia, anyone wishing to find out more about the groups' activities or wishing to report illegal use of Novell software, should visit their website at novell.com .