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

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To: PJ Strifas who wrote (28369)10/2/1999 12:21:00 PM
From: yoda  Read Replies (1) of 42771
 
Another over reaction by wall street. It's kind of exciting to watch especially when it gives us an opportunity to pick up cheap stock. I will admit this guy stone was an asset to Novell, but was he worth 680million in market cap? I don't think so. This stock will rebound next week, especially on tuesday when they reassure the street about business momentum. Just last week at the montgomery conference they exuded confidence about current business trends. I hope the company understands that jittery markets causes over reactions, therefore, they need to come out swinging next week to reassure holders that it is worth buying more stock at these levels.

I bet you see this at 22 by thursday. Any thoughts out there?
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