codawg,
<<
Novell is a company that performed so poorly the stock price was quartered in value
from around $32 in 94 to $8 in 97. It is definitely an accomplishment to recover from
this type of disaster and NOVLs new managment should be proud.
However, it is not the same as powering ahead over a 15 year period with continued
earnings, revenue, and cash increases continually beating increased market expectations
as MSFT has. There is no comparison between the two companies or stocks - MSFT
is clearly the gorilla.>>
Good points, and many kudos to MSFT for their past 15 years of success. I look for value and turnaround power (increasing revenues, product pipeline, and solid management and vision-- CEO Eric Schmidt of NOVL)and thats why I was buying NOVL end of 1997 into early 1998. I'm looking to maximize my gains. NOVL's market cap is around 10 billion, revenues around $1.3 billion. I anticipate both of these to ramp up strongly over the upcoming 2-3 years under Schmidt's leadership. NOVL has lots of upside room to climb (grow) assuming Schmidt continues to execute his NDS and ZEN product line going forward. I think Toy's point relates more to what would you do with your extra cash now, in 1999, or the past year. I anticipate an exciting conclusion to 1999 for Novell, but of course just one man's humble opinion. Who knows, NOVL could see $100/share+ in the next 2 years, and become the turnaround tech stock of the new millennium. =;-) Quite a feat indeed!
Regards, QuadK
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