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

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To: Paul Fiondella who wrote (5786)12/12/1996 12:51:00 AM
From: Kashish King   of 42771
 
I am fully invested so I would have to bail out of my current favorite should I decide to get in here. I definitely would buy Novell for the following reasons: the proverbial CEO bounce, the perennial JAN effect, the imminent possibility of a takeover.

The CEO bounce is obvious. The fact that the stock has been the target of strong tax selling makes it the perfect JAN effect stock. A large customer base which can be had in one fell swoop makes for very attractive pickings insofar as the takeover possibility. They are still operating at a profit and downside risk will be further mitigated by an upgrade cycle.
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