Novell says it won't sell out

Speaking at the Java Internet Business Expo, Novell Inc. CEO Eric Schmidt stated that his company "is not for sale.

Speaking at the Java Internet Business Expo, Novell Inc. CEO Eric Schmidt stated that his company "is not for sale." Rumors that it might be acquired by IBM has made Novell's stock one of the most actively traded shares in recent days. Novell's stock was down 65 cents to $9.31, and was the most actively traded issue on the NASDAQ this morning.