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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Andy Chen who wrote (15175)8/1/1997 5:44:00 PM
From: vinod Khurana   of 42771
 
Funny you should ask that Andy ? Our company has over $30 billion in debt and each employee was asked how we could get rid of it. Majority of the staff think increasing revenue is the best shot this company has. Last time we heard, the accounting methods had been changed to make the bottom line look better. NOVL could do the same...who knows perhaps we could earn a fat dividend from the tinkering.

But seriously, it needs to diversify. Novell should diversify its $1 billion cash into publicly traded high tech. companies instead of sitting on it and earning a measly 3% return. IBM and Oracle are two companies it should spend its money on.

V.K
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