Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Spartex who wrote (20140)	2/13/1998 2:12:00 PM
From: Paul Fiondella	of 42771

Run-up to Earnings --- some revisions The run-up to earnings period was shorter than usual for the last report on 11/25. It started around 11/17 and was good for 1 1/4 pts. Prior quarters it has been earlier. This quarter now seems to fit the earlier ones. For example the 5/29 run-up was from 5/5-5/19 and was good for 1 1/2 pts. The 8/21 run-up ran from 8/8 - 8/13 and was good for 2 1/4 pts. It was also timed to a buy-out rumor. Using these approximations a pre-earnings run-up can begin two to three weeks before the report and last until a week before the report.

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