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

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To: Matthew Leo who wrote (9624)3/19/1997 6:42:00 PM
From: FundAce   of 42771
 
Matthew,

I sense E.Schmidt can do it, the only missing link is how quickly this turnaround will be. Yes, I agree, upside gain on NOVL is much greater than downside; hence, potential great value - maybe the Street will agree....it's just a wee bit too early. I want Schmidt to lay it out.

Too bad meeting pushed back until MaY 2ND.

Just so you know, I bought a nice block of NOVL yesterday - 9 3/8 and 9 3/4.....I was pleased with NOVELL's movement today - despite the market all around. Seems the Street is giving Schmidt a "honeymoon" grace - I really want Schmidt to connect with this forum on a monthly basis.

All the best,

Fundace.

PS - Fed will raise rates, and then the only question is just how hard the DOW will fall. CPI today at 3 was close, ....but as I mentioned to a friend today, it will be enough, just enough to "tickle" Greenspans" feather. Good news, NOVEL is so battered, that I can't see but a short term correction for this stock....so I'm bullish long term SUBJECT TO Schmidt doing it the right way. His methodology is what is missing here...great mind........unproven leader. Must stop the brain drain.....
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