TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote (45694)	5/3/2000 10:19:00 PM
From: myturn	Read Replies (1) of 150070

NOVL, got rocked today. Most think it is going to open up lower tomorrow. Goldman Sachs cut its target price from $27 to $15. It closed less than $11.00 NOVL has nearly $1 billion dollars in the bank. Is it a buy at these levels? Me think so. I will find out tomorrow. LOL PaineWebber's Don Young, who rates the stock a neutral, makes the case for a stock rebound. Though he acknowledges that ``NetWare sales are peaking now and will enter into a period of secular decline,'' he also thinks the stuck is oversold when looked at on a sum of the parts basis. He sees that NDS products and the cash balance as worth $13 a share alone. He adds that the NetWare business still possesses some value, and figures the company is worth $23-33 a share on a break-up basis. biz.yahoo.com

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