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

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To: E_K_S who wrote (3711)9/18/1996 11:19:00 AM
From: David A. Lethe   of 42771
 
Eric, I agree with you on this post. Please remember that there is always a right time and a wrong time to invest in NOVL, or any security. I have always maintained that this is the wrong time to buy NOVL.

Perhaps in a few months the time will be right, but the stock will continue to slide, or at the very least, stablize in the $9 - $10 range. The simple observation that the stock goes down while their competetor's go up in this bull market should be indication enough.

NOVL has all of the resources to bounce back, provide they listen to their VARS, the marketplace, and evaluate what is working for their competetors, and rekey their products and marketing strategies accordingly.

I, may buy NOVL in the future, but now is not the time.
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