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

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To: Steve Fancy who wrote (3458)9/12/1996 2:22:00 PM
From: vinod Khurana   of 42771
 
Hello Steve, thats not a story I made up. NOVL is buzzing on wallstreet...at least among the brokers my broker deals with.

Even the media is doing the same ...only they have not pegged a number to the takeover value. Keep in mind that I said that the brokers were betting on IBM buying out NOVL for $5 billion ...not that a deal is being finalized. This is only a bet. Perhaps the brokers are creating some excitement for themselves whilst waiting for the overall market to move one way or another.

Is $14 enough ? Well, it represents a 40% premium.

V.K
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