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

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To: E_K_S who wrote (4060)10/8/1996 4:04:00 PM
From: TJC   of 42771
 
I just decided to buy today, just because of the large flux, and the stability it seems to have at the 11 range now. The stock has been between 11 1/4 and 12 today, with many ups and downs. I missed my target buy-in, but I still think this stock looks very good. I'm not sure if anyone around here has attended the seminars that Novell is putting on at a lot of Novell Authorized dealers (using their client list for invites), but it is a very well received demonstration of Netware 4.11, managewise, and the application launcher. Of course, as any of you MIS people out there know, Microsoft is also putting one on for NT server, but I havent had a chance to attend theirs yet. I see a fairly substancial short-term gain on this, and I can't see much risk if you bought at 11 or less.

One thing that I'd like to know, is besides the miserable fail of the Wordperfect buy, why does Novell have such a poor reputation with investors?? The stock is VERY undervalued, and will hopefully begin the ascend after the quarterly report.

Tom
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