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

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To: vinod Khurana who wrote (4413)10/31/1996 8:08:00 PM
From: E_K_S   of 42771
 
Vinod: <<The bleeding continues in the meantime.>>How are we bleeding as our free flow cash flow still is positive? Look at the fundamentals..When the free flow cash flow turns negative then it is time to worry and the down side could be no worse that $6 5/8.

Right now we are in an end of quarter selling phase which end Oct. 31. Nothing else. Novell continues to earn enough to pay bills, spend $'s on R&D and even bank a few extra dollars. As far a Borland is concerned they are bleeding as they must use cash reserves to continue business.

What Novell needs now is a CEO. Did you notice what Bay Networks did when they announced a new CEO....up 10% in three hours... Need I say more.

EKS
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