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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant to Rules 13d-1 and 13d-2
Amendment No. 1
Novell, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
670006105
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(CUSIP Number)
Check the following box if a fee is being paid with this statement _______.
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in item 1: and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7.)
(Continued on following pages)
Page 1 of 5 Pages
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CUSIP NO.
670006105
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1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
The Goldman Sachs Group, L.P.
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2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) _____
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3. SEC Use Only
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4. Citizenship or place of Organization
Delaware
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Number of Shares Beneficially Owned By Each Reporting Person With
5 Sole Voting Power
0
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6 Shared Voting Power
149,406
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7 Sole Dispositive Power
0
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8 Shared Dispositive Power
149,406
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
149,406
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
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11. Percent of Class Representing by Amount in Row (11)
.04%
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12. Type of Reporting Person
HC-PN
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Page 2 of 5 Pages
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CUSIP NO.
670006105
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1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Goldman, Sachs & Co.
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2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) _____
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3. SEC Use Only
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4. Citizenship or place of Organization
New York
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Number of Shares Beneficially Owned By Each Reporting Person With
5 Sole Voting Power
0
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6 Shared Voting Power
149,406
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7 Sole Dispositive Power
0
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8 Shared Dispositive Power
149,406
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
149,406
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
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11. Percent of Class Representing by Amount in Row (11)
.04%
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12. Type of Reporting Person
BD-PN-IA
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Page 3 of 5 Pages
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Item 4. Ownership.
(a). Amount beneficially owned:
See the response(s) to Item 9 on the attached cover page(s).
(b). Percent of class:
See the response(s) to Item 11 on the attached cover page(s).
(c). Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See the response(s) to Item 5 on the attached cover
page(s).
(ii) Shared power to vote or direct the vote:
See the response(s) to Item 6 on the attached cover
page(s).
(iii) Sole power to dispose or to direct the disposition of:
See the response(s) to Item 7 on the attached cover
page(s).
(iv) Shared power to dispose or to direct the disposition of:
See the response(s) to Item 8 on the attached cover
page(s).
Item 5. Ownership of Five Percent or Less of a Class.
The Reporting Persons filed a Schedule 13G, dated February 10,
1995, reporting beneficial ownership of 19,851,448 shares,
including 19,630,990 shares owned by a customer. Neither of the
Reporting Persons, however, have or ever had beneficial ownership
of the shares owned by the customer. Accordingly, the Reporting
Persons beneficially own 149,406 shares, or approximately .04%
of the outstanding shares, and were not and are not required to
file a Schedule 13G. The Reporting Persons understand that the
customer, Bruce W. Bastian, has filed a Schedule 13D with respect
to his ownership of the shares.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
Page 4 of 5 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.
Date: February 17, 1995
THE GOLDMAN SACHS GROUP, L.P.
By: /s/William J. Buckley
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Name: William J. Buckley
Title: General Partner
GOLDMAN, SACHS & CO.
By: /s/William J. Buckley
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Name: William J. Buckley
Title: General Partner
Page 5 of 5 Pages
