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

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To: tman who wrote (21311)3/21/1998 10:17:00 PM
From: Paul Fiondella   of 42771
 
My apologies, what an article. What a joke on the author.

Besides getting the CEO succession wrong, and getting it past the Barron's copy editors. (Look at those standards slip!) He quotes Mary McCaffrey. This is the analyst that had revenues estimates for Novell this quarter $100,000,000 higher than they turned out to be. What a terrific person to listen to. Very knowledgeable.

The real meat of the article is the long series of quotes from guess who? Answer--- a guy whose firm acquired 5 million shares of Novell. Now what do they plan to do with those shares? Sell them to the readers of the Barron's article?

In any case this solves the problem of the block trades once and for all. What we have been watching is a bunch of investment houses jumping on the stock. Followed by a poorly written article hyping the stock in Barron's.

Reach your own conclusions about what this is all about.
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