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: E_K_S who wrote (5707)	12/10/1996 11:51:00 AM
From: jim A	of 42771

Eric, I wonder if the institution that just sold 200K shares saw any value in NOVL. VLSI is not undervalued. Estimates for, 97 were 0.9 before they announced that they are closing a fab plany. The saving will be 0.2/Q. VLSI should earn ~1.70. This stock is still well undervalued and is in big growth markets (digital set top boxes and wireless communications). It should hit $40 in 97, if no major correction. NOVL will reach new lows if their is a correction

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