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

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

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To: Salah Mohamed who wrote (5433)	12/1/1996 11:23:00 PM
From: George Sedlacko	of 42771

I, for one, wouldn't mind seeing a buyout. Over the past several years NOVL has gone from ~ $30/share to $11 while MSFT has gone from ~$40 to $150 and the S&P, and NASDAQ have also risen substantially. $0.18 looks good only in comparrison to prior results. The same company that has frittered away a commanding lead in their industry and lost $billions in shareholder wealth cannot reasonably be expected to recreate itself. Many on this board are clamoring for a new CEO while I will suggest completely new management and ownership. In order for this stock to appreciate, we will require several quarters of solid numbers to help lower the markets perception of risk associated with it and, of course, to show their profitability. With that said....I quess I'll own this thing for awile.

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