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: DJBEINO who wrote (16488)	8/26/1997 9:55:00 PM
From: david jung	of 42771

Infobeat:"* Shares of NOVELL jumped in heavy trading on speculation the company might be the target of a takeover attempt, traders said. "This rumor is driving up the stock but I can't say if there's anything substantial behind the rumor," said one trader. He said with the stock at such a cheap price, many investors were willing to take a chance and buy shares based on the speculation alone. IBM was being circulated as a likely buyer of Novell, he said. Neither company would comment on the rumor. (Reuters 10:04 AM ET 08/26/97) * A merger between networking software firm NOVELL INC and IBM CORP would be a good fit for both companies, according to one analyst. "Novell's huge installed base, networking expertise and billion dollars in cash make it an attractive option for IBM," John Oltsik, an analyst at Forrester Research Inc, told PC Week Magazine this week. "For Novell, a merger with IBM could keep it in the picture by renewing faith in its viability," he said. Neither IBM or Novell would comment about speculation that IBM may be interested in buying the software company. (Reuters 02:58 PM ET 08/26/97) David WallStreet Links: 100+ Investment Links, Technical & Fundamental ziplink.net

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