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

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To: Reginald Middleton who wrote (10292)3/27/1997 11:32:00 AM
From: Yaacov   of 42771
 
Reginald,

You seriously believe that NOVL is a grouth company? If we look at the
companies perfromance since 1993, then the grouth has been downward!
In may 1993 NOVL stood at 30 and look where we are now. Let the facts
speak for themselves.

Having said that, profits in 97 are expected to benefit wider margins,
benfifitng froma more favorable ravenue mix and expense control.Also
EPS should be boosted by stock re-purcase program.I expect a 15% grouth
in share prices in the next 3 months: Comparing to money market, that is
not bad.

Good luck,

Yaacov
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