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

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To: Paul Fiondella who wrote (6063)12/20/1996 2:45:00 PM
From: Salah Mohamed   of 42771
 
Hi Paul...I agree with you that a new CEO, new products, Kayak, marketing and PR, are very important factors. As I said before, the articles we read are very confusing and don't give us a true picture of what is happening. Even the stock price action is somewhat confusing. During November, the stock price dropped to 8 3/4 after the results of Q4 were known to some people. I thought Q4 results would be real bad. To the contrary, the results were very good. Go figure.

About the stock making dramatic new lows, this I don't agree with. IMO, the stock is priced right now for the lowest wall street estimates.

Regards

Salah
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