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: Mark A. Forte who wrote (16819)	8/29/1997 9:49:00 AM
From: Jerry Heidtke	of 42771

Mark, I hope it wasn't just my post that made you decide to hold...<g> Everyone: a question about the numbers being thrown around. The restructuring charge last quarter was $55 million, right? Why is everyone saying the 0.35 loss was 0.10 charge, 0.25 operations? By my calculations, $55 million is more like 0.16 per share, which would make the loss from operations 0.19. Not a big difference to some, maybe, but it moves the loss into the high (low?) end of the range of expectations that were published prior to the release. Oh well, the DOW 30 is dropping about 10 points a minute, so it's time to go make some money the old fashioned way... Jerry

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