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: Charles P. Hubbard who wrote (27796)	8/19/1999 8:18:00 PM
From: Wallace Rivers	Read Replies (2) of 42771

CPH - I am a NOVL long (have been about 4 years now), and I wrestle with the same issue as you, and not particularly in reference to Novell, but a whole slew of stocks. By some internut standards, NOVL is cheap (and it is a quasi-internut stock now). It's hard for me to say good bye to my stock (I know you shouldn't get emotional in the market!), been through too much with it, and have seen the company experience a total turnaround, nipping at MSFT's heels. NOVL is the network once again. I was taught not to buy stocks with a higher PE than their earnings % growth, so I see where you are coming from. Try to find many of those in this day and age! Good luck, Wallace

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