Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry S. who wrote (4789)	11/10/1996 8:08:00 AM
From: Ron Schipper	of 42771

Larry, Where did you see the IMHO news about the tender for NOVELL? Only news that I know of is: DENVER, Nov 8 (Reuter) - Novell Inc declined to comment about the rise in the company's stock on Friday, nor would a spokesman discuss whether the software company was the target of a takeover effort. "The company does not comment on short-term activity, and the company as a matter of policy does not comment on takeover speculation," said Peter Troop, director of investor relations for Novell. Novell shares rose 2-3/8 to close at 11-1/2 on volume of more than 13 million shares. With Novell's capitalization at about $4 billion, most potential suitors would be hard pressed to take over the software company, to say nothing of a premium that would be necessary. Still, rumors that the Orem, Utah company was the target of a takeover surfaced on Motley Fool, an online market watcher, and the stock jumped afterwards. RON

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next