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: BJP1946 who wrote (18654)	11/25/1997 9:10:00 AM
From: BP Ritchie	Read Replies (1) of 42771

So, why is anyone (everyone?) buying this stock? If it's not for current earnings? Do you have some theory or insight? I know why I bought over the past few years, I see an enormous potential for this company's technology and it's intellectual property. I believe it has been seriously mismanaged for several years ... I think the outlook changed for the better shortly after Eric Schmidt was appointed CEO. I'm not expecting immediate returns though ... seems to me that many 'investors' have an expectation of profits within days or weeks ... very few seem willing to wait even months ... and the company told us about 6 months ago that it would probably take up to 3 years to 'restore' the company to it's former leadership position in the marketplace. Are you planning to hold & wait for the company's 'restoration' or do you think you'll get some decent returns much sooner than that?

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