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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Matthew Leo who wrote (6189)	12/26/1996 11:41:00 AM
From: Gerald M. Gualano	of 42771

Leo-- I hate to subscribe to a potential conspiracy theory, but the stock action truly does not reflect the potential of NOVL ( even with all the marketing and PR missteps which have been so well recorded on this thread). My concern : +A major share holder could very easily place continuing pressure on this stock by offering small amount to sell whenever there appears any buying pressure. Eventually this will discourage any accumulation and create negative sentiment as has occurred periodically here(especially now). +Current marketing and PR actions appear, at best, to be inadequate or perhaps there is no interest in promoting the stock until some unknown activity is finalized. +We are currently in a great bull market for most stocks. Wouldn't it be wonderful for some potential buy under to be announced when the market (and of course NOVL) will be under pressure during a market selloff, which surely will occur sometime in 1997 +At that time the $1 billion in cash and the great cash flow (which Eric so ably identified) would easily support a bank financing of a purchase at say $8 ( or about $2.75 billion). +Once private, the real estate assets, customer base.... etc. could be exploited to their full potential!!!!! I hope this is just a bad dream, but like Eric, I was surprised how easily I was able to buy Feb 12.5 calls at the bid. This weakeness in price begs for an explanation and your observation regarding buy under could be it. I guess we'll all see how this plays out in 1997. Isn't this fun (g)?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next