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

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To: Jack Whitley who wrote (20103)2/12/1998 3:19:00 AM
From: Don Earl  Read Replies (1) of 42771
 
Hi Jack,

They do seem to be getting the betas out pretty quick. From the reviews I've seen it looks like it needs some work but has some good possibilities. It needs to be rock solid if they are going to turn the company around. Novells "someday it will be better" sales pitch doesn't work very well.

Since they already said that this quarter will be flat to lower, there isn't any real need to pre announce no matter what happens. The current market might be a little more forgiving if they miss, but I wouldn't bet on it. All a person can really do is make the best guess they can with the available information, then hope they are right. I think they are going to miss and the price will go down, but that doesn't make me right. There are a lot of people on the thread who own NOVL that have freely shared a great deal of information with me over the past year. For their sake, I almost hope I'm wrong. On the other hand the stock market is not a bunch of nice people giving away free money. Nobody is right or wrong until they take a profit or a loss. There is a lot of potential in NOVL, but I think it's going to take a beating until some of that potential is realized. Good luck.

Regards,

Don
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