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: Paul Fiondella who wrote (32193)	6/6/2000 7:16:00 PM
From: Captain Jack	Read Replies (1) of 42771

<<"Value of above --- $50 a share in stock.">> That may be very true. There will be no fast price recovery here even with a good couple qtrs and the next couple qtrs are not expected to be much. About the only chance of a recovery is a buyout! Looking at $25 - $30 this year beats wating many years to POSSIBLY get to that level or just bailing at a loss to off set this years gains. Other than a few 'true believers' I've heard no one wants to gamble on anything great coming from them for a long time. With competition coming from every angle they still have the customer list of choice for now. There performance indicates the products and customer base would be much more valuable in the hands of mgmt that knows what to do with such assets. Yes-- I hope they sell even in the 20s as holding will not get us there by tax selling season... JMO

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