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: Frederick Smart who wrote (27922)	8/28/1999 11:02:00 AM
From: George Papadopoulos	Read Replies (2) of 42771

From Multex.com NOVELL (NOVL: research, earnings): Noting that NOVELL is repositioning itself from a provider of network operating systems to a cross-platform vendor of network services, Gruntal & Co. rates the company's shares a STRONG BUY, with a price target of $32.00. It also raised its EPS estimate for FY00 to $0.69 per share, from $0.67 per share. For FY99, the brokerage forecasts EPS of $0.49 per share. For 3Q99, it raised its EPS estimate to $0.19 per share, from an EPS of $0.18. For 4Q99, it raised its EPS estimate to $0.21 per share, from an EPS of $0.20 per share. In early trading on Aug. 23, the company's shares were at $25.87. There were 29 new reports about the company added to our database last week. In July, research about the company was accessed 33 times.

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