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: Rich Young who wrote (22476)	6/5/1998 1:06:00 PM
From: Elmo Gregory	of 42771

1996 10-K re: repurchase of stock --------------------------------- "...Novell's underlying financial model has remained sound despite the tough measures implemented during the year to turn the company around. We remained profitable for the year, generating revenue of $1.4 billion and after tax earnings of $126 million or $0.35 per share. We finished 1996 with $1 billion of cash and short-term investments, and no debt, even with spending $456 million during the year to repurchase and retire 33 million shares of our stock..." sec.gov

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