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: Kevin Millecam who wrote (20266)	2/24/1998 7:12:00 PM
From: M Goodson	Read Replies (1) of 42771

AFTER THE BELL -Intuit falls on Q2 results (but Novell rises) NEW YORK, Feb 24 (Reuters) - Shares of Intuit fell 5/8 in the early after-hours trading as the software company reported pro forma earnings that fell in line with Wall Street estimates, traders said. The company reported earnings per diluted share of $0.85 compared with $2.44 a year earlier. Pro forma net income was $0.95 per diluted share, just over the First Call consensus earnings estimate of $0.94 per share. Intuit's shares traded at 49-1/4 around half an hour after the bell, down from their unofficial close of 49-7/8. Shares of Novell Inc (NOVL - news) traded at 9-1/16 after regular hours, up 5/16 from their unofficial close of 8-22/32. The software company appeared to beat the First Call consensus earnings estimate of $0.02 for its first quarter, posting income of $0.04 per diluted share compared with $0.15 a year earlier.

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