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

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To: Joe Antol who wrote (15035)7/28/1997 5:52:00 PM
From: Don Earl   of 42771
 
Hi Joe,

I just checked. It was the third most active share volumn on NASDAQ. That always gets some kind of mention. I was just thinking, is it the market in general that Novell moves against or Microsoft. The last time Novell had a really good run Microsoft dropped 20 points. Something interesting I found the other day; did you know book value on Microsoft is only a couple bucks more than Novell? I saw something on the news that Microsoft was going to buy back some shares but they wouldn't do it at current levels. Is MSFT ready for a short play?

The last time I saw DELL downgraded it went from upper 70s to low 60s.....then went up a hundred dollars. Hmmmm....

Regards,

Don
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