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: Reginald Middleton who wrote (10078)	3/25/1997 4:14:00 PM
From: Matthew Leo	of 42771

Yes Reginald - <<Repurchashing shares does not increase the value of the company, it simply decreases dilution >> exactly. And that's what I want less dilution more shareholder value - as in higher stock price. Your opinion that <<The repurchasing of shares at this juncture simply confirms that the company's mgmt. has no other worthwhile investment inwhich to direct its resources>> is one conclusion. I would see it more as a company statement that "our own stock is the best investment we can make at this point". Restoring investor confidence should be a Novl priority. And, a share buyback is a good beginning down that road.

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