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: vinod Khurana who wrote (16086)	8/22/1997 11:29:00 AM
From: vinod Khurana	of 42771

CNN: In the technology sector, Intel could see active trading. Its stock fell 7 to 91 in pre-open trading as Merrill Lynch cut its rating from "buy" to "near-term neutral," according to Reuters sources. Autodesk, a maker of computer-aided design software, announced after markets closed Thursday its second-quarter income was up 68 percent, beating Wall Street's expectations. Its stock (ADSK)lost 9/16 to 46-3/16 Thursday. Network software firm Novell said its third-quarter losses totaled $122 million. The results were partially attributed to restructuring costs for the company. Shares of Novell (NOVL) were down 1/16 to 8-1/8. -- Randy ----------------------------------------------------- We should consider ourselves lucky that NOVL is not trading at $98. Imagine the impact on all of us if the stock was downgraded by MC and dropped $7. V.K

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