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: Jean Sutherland who wrote (822)	5/29/1996 12:47:00 PM
From: Jean Sutherland	of 42771

Novell 2nd Qtr...reported by Bloombergs... Novell Reports 2nd-Qtr Loss of 15C-Share on Inventory Reduction Novell Inc. reported a loss for its fiscal second quarter as the software company reduced shipments of its computer networking programs to retailers and distributors to reduce inventory. Novell, one of the biggest publishers of software to control personal computer networks, reported a loss of $55.4 million, or 15 cents a share, for the quarter ended April 27. In the year-ago quarter, Novell posted net income of $95.9 million, or 26 cents. The Big question is why is it going back up from this mornings low?? Jean

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