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

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To: Paul Fiondella who wrote (32025)5/26/2000 10:44:00 AM
From: Spartex  Read Replies (1) of 42771
 
Paul-- I concur 100% on an announcement to buy back another $100 mil worth of NOVL stock at these prices. Its a strategic and prudent use of NOVL's cash right now. I was almost going to make a similar post as yours yesterday.

See what MarchFIRST announced a yesterday before the market open. The shorts have covered, and the price has stabilized up 1 3/4's off of the bottom.

Makes obvious sense IMHO. Lets go Dennis R. and Eric!, QuadK

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Thursday May 25, 8:22 am Eastern Time

MarchFIRST to buy back up to 7.5 million shares

biz.yahoo.com
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