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

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To: Joe Antol who wrote (4725)11/8/1996 10:54:00 PM
From: Salah Mohamed   of 42771
 
Hi Joe...About Novell surges on takeover rumors

The article does not make any sense. CNBC reported around 2:30 PM (Pacific) that Novell gained 2 3/8 on takeover rumors by NSCP or IBM. Netscape said they are not interested and IBM said "no comment". I talked to someone in Novell Investor Relations, here is what she said:

Q: Can you comment on the stock action?
A: We don't have any news to report.
Q: What about the IBM rumor?
A: All what I can tell you is "IBM is a partener of Novell"

End of discussion.

My opinion is: aquisition by NSCP is unlikely, but it could be IBM, CPQ, ORCL, or others.

Regards

Salah
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