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: DJBEINO who wrote (25535)	2/19/1999 9:45:00 PM
From: Paul Fiondella	of 42771

Anyone want to reflect upon the price targets? These are not what I would call bullish. I have heard 21-25 from most of the brokerages quoted here. My own target for the company was 22. I believe QuadK was looking for 24. Some other people here have been looking for 30. Also notice that earnings estimates for 99 are getting lowered to $.45-$.50 from $.64. What would cause the analysts to be this cautious? My answer is that Novell hasn't had a blow-out quarter yet. I'm interested in what others here have to say about these brokerage reports, their earnings estimates and price targets.

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