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: Joe Antol who wrote (18926)	12/5/1997 4:25:00 AM
From: Don Earl	of 42771

Hi Joe, OK. I guess after spending 8 months in the life boat with everyone it was kind of feeling like a moral issue, and watching a 15% drop in three days made me feel like I was rubbing salt in the wounds when I looked back on some of my comments. I still think there is a possibility Novell could turn this thing around, but I don't think the chances are as good now as they were 6 months ago (or 6 months from now). If the movers and shakers at Novell would place both feet against their shoulders and give a mighty push, they just might get their heads loose to where they could see daylight. FWIW that last bunch of puts I picked up are showing a 50% profit (on paper) in less than a week. The 7 1/2s?.....well, we'll see. My APM I can't quite figure out. It earned over $4 per share last year and just dropped below $15 (book value over $9). Go figure. I'm tempted to turn off the computer and take a nap for 6 months and see what happens. Tomorrow should be interesting. I wonder if Wall Street still thinks that people without jobs can afford computers. Good luck. Regards, Don

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