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

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To: Larry S. who wrote (29098)11/24/1999 9:10:00 AM
From: DJBEINO  Read Replies (1) of 42771
 
Alert: Morgan Stanley Cuts Novell to Neutral From Outperform (NasdaqNM:NOVL)
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Novell fell 1 1/4 to 20 3/4 in early trading on Nasdaq after rising as high as 25 in after-hours trading yesterday. The network-software maker said after the market closed that its fourth-quarter net income rose to 21 cents a share from 12 cents a year earlier.

Before a gain, it earned 17 cents, matching the average estimate of analysts polled by First Call/Thomson Financial. The ''whisper estimate,'' the number Wall Street analysts share with their clients, was 18 cents a share.
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