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

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To: Vip who wrote (11420)4/22/1997 8:28:00 PM
From: E_K_S   of 42771
 
Flash - (NOVL) Novell Inc. After market close, NOVELL INC said that for its 2Q ending April 30, 1997, it currently expects to report between $300 and $335 million in revenue, down from the $375 million achieved in the first fiscal quarter of 1997. Within this revenue range Novell expects to report a slight profit.
Analysts' mean estimates were $0.17, according to First Call. Early reports indicate that sales, particularly to small and medium businesses, from Novell OEM's and distributors of boxed software products, are lower than previously expected for the 2Q. (PR Newswire 05:07 PM ET 04/22/97) For the full text story, see full story.

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