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

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To: Joe Antol who wrote (9454)3/17/1997 10:05:00 PM
From: Vip   of 42771
 
Joe I don't know what to make of your post "Its party time"? Either it is a "plant" (jerk-off job) by whomever sent it to you or we are in really serious trouble with rampant incompetence on the part of Novell's management.

I would like to know who and how someone on AOL got the information on Saturday that the Annual Shareholders meeting was being postponed until May. I hope it is because a pending merger or buy-out.

I was looking on I think it was dbc.com today and cames across the company General Magic's (GMGC) stock having hit a 52 week low of $1 1/4. I remembered that this was a company that ex-Novell officer Steve Markman had jumped ship to last year. I looked at Gen. Magic's SEC filings and noted that there have been several 13G-A filings in Feb. notably one was Sony taking a stake and Motorola. If anyone has an opinion on this company's ability to survive and Steve Markman. Please feel free to post it.

I was looking through the 52 week highs and lows and noticed that Novell was there and Spyglass. I guess Microsoft has not done Spyglass any favors relative to their dispute over royalty payments.

I also noticed that on yahoo quote under research that Novell dropped another notch in ratings from 2.8 to 2.9. 1 being a buy and 5 an outright sell. There were no analysts recommending Novell as a buy.

To Reginald: What is the status of that SEC filing you have been analyzing? I hope I got that right that you were the one looking into this matter.
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