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

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To: Don Earl who wrote (16352)8/26/1997 12:41:00 PM
From: jim A   of 42771
 
Tuesday August 26 12:12 PM EDT

Novell will not comment on IBM speculation

SAN JOSE, Calif., Aug 26 (Reuter) - A Novell Inc official declined to
comment about Tuesday's speculation that International Business Machines
Corp (IBM) may be interested in buying the struggling software company.

``We don't make comments on matters like this,'' said Jonathan Cohen, Novell
spokesman.

Cohen said a higher profile for Novell since the arrival of new chief
executive Eric Schmidt and new products may be contributing to the recent
spike in trading of the company's stock.

Novell shares were up 1-3/16 at 10-3/16 in heavy trading.
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