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

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To: Steve Fancy who wrote (19183)12/19/1997 10:33:00 AM
From: Spartex   of 42771
 
Steve,

While you've made some good points, I tend to feel that at Novell's current price, it is a reasonable risk for the reward. Look at the past 3 days of trading. Most of the other techs are getting crushed, while I bought Novell at 7 9/16s and am actually up for the week. The stock is under accumulation right now, even with todays ugly and continued sell off. Someone is betting on them, and I am as well. Do you know if Novell has a share buyback program in place? I am using you as one more of my contrarian indicators, and right now it is saying buy Novell. Thanks for your comments and insights, I appreciate hearing from all sides.
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