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

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To: ali zayyad who wrote (16439)8/26/1997 3:44:00 PM
From: david thor   of 42771
 
<Joe, Analyst says IBM taking over NOVL is a good marriage. Speculation has it IBM will only spend about 2 billion in cash and the rest in stock. Stock could hit $18 to $21 buy thursday when the announcement is made.

Ali>

I haven't looked at this stock for 8 months and it's like deja vu all over again. $18-21?? Well. I hope you make a profit, anyway. I was on the virge of taking anti-depressants hanging around this folder and had to get away (I don't spend enough for medical to be allowed a tax deduction).

The rumor that Sybase was interested in acquiring Novell was a real hoot. I milked SYBS shares back when they were a target. I can't imagine why Sybase would want Novell.

Regards,
Dave
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