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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: jim A who wrote (5276)11/26/1996 7:45:00 PM
From: Paul Fiondella   of 42771
 
Novell is reporting 38% growth in Intranetware, and not taking on water

My worst fears were a disaster. That didn't happen. However Marengi cannot say he produced. They must search harder for a new CEO. I assume next quarters numbers will be better. But that doesn't mean much unless they can show its growth and not just incremental upgrades. I think they expected more and failed.

The short term buying period is over. No CEO soon and the stock is a sell. With the current management the stock has little future.
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