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

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To: Bryan C. Simpson who wrote (28437)10/5/1999 11:29:00 AM
From: Loring  Read Replies (1) of 42771
 
Normally, a buyback entails purchase and retirement of the stock into the company's treasury stock with the net effect being a change to the balance sheet, not to earnings. I don't believe NOVL is "trading" their stock to take advantage of an uptick. IMO.

FYI
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