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

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To: Joe Antol who wrote (9046)3/7/1997 8:48:00 PM
From: Elmo Gregory   of 42771
 
Joe - Don't know if you've seen this yet: 3/5/97 Argus Company Report on Novell

'97 EPS estimate cut to $0.60

"... Chairman John Young said Novell was stepping up its search for a new president for the organization, which is desperately needed at this point.Management also said Novell is now working with Sun Microsystems on Novell Directory Services (NDS) for the Java platform. However, Sun is working with many software developers, so we expect Novell to receive stiff competition in this emerging arena, which deals more with the Internet..."

schwab500.com
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I don't know if the reference to a "new president" should have been "new CEO" or not. If John Young really said "president", then you should get half of your wish before long.

Elmo
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