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 (7824)	2/13/1997 1:19:00 AM
From: Steve Fancy	of 42771

Hello Salah...I think you hit the nail on the head. Most of our recent furry has been the result of mounting suspicion that Marengi gets the job. He may be a major asset to Novell...but not as a CEO...and questionable as president IMO. We do seem do be jumping the gun. Maybe...maybe, we've got a lot of suprises coming up in the next two weeks or so. In the past, as we got close to earnings everyone was generally positive. Maybe it will happen this time. Certainly more potential for significant movement in the stock price due to all the answers we should see. When the bulls turn to bears is usually the time to buy...right Salah? In the case of seemingly expected disappointments (myself included), I think John Young and the BOD are who we're after. They created this situation and unless some SPECTULAR news in the next couple of weeks, made a tremendous, unexcusable error in judgement. Unless earnings are .25 plus...or a buyout, the decisions of the board last year are without justification of any kind that I can see. We shall see. sf

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