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: ToySoldier who wrote (31062)	4/16/2000 11:40:00 AM
From: Paul Fiondella	Read Replies (2) of 42771

Once again take a look at what you are saying which is that CSCO is a "good buy" at a trailing P/E of 158. Does that make any sense in a rational world? How about QCOM at 250 or YHOO at 527 or AOL at 133 or DELL at 76 or ORCL at 99 or AMAT at 65. Do any of those make any sense in terms of historical P/Es paid for growth companies? ================ Want to see what is wrong with current investing strategies --- there it is. ================ NOVL's P/E is 31.88.

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