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Technology Stocks : Novell & Sun Microsystems - Takeover?? Do you have info?
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To: Thanh Pham who wrote (77)6/17/1996 4:26:00 PM
From: Jack L. Dlugach   of 84
 
Hey, guys, don't you follow your own company's news...Novell has been
buying back stock for the last few months...they announced that the
plan is to buy back about 10% of the stock.

The new Netware is coming out soon...it's in previews now...I think it
might be the "Green River" that I hear people talking about.

Don't forget that last quarter the company reinvented itself...got rid
of UNIX and Wordperfect and redefined its entire distribution channel...all the old inventory is gone...equity stakes in a bunch of
high-tech companies.

Not to worry...our time will come...I also bought more NOVL when it
fell to 11 because I thought 15 was cheap and so I went on margin and
bought more than I could afford at 11...I still feel comfortable with
that decision. I wouldn't buy any more of it because I've got so much
and it's never a good idea to put too much in any one company, no matter how much you like it, but if I didn't have any, I would still
buy some under 15.
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