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

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To: vinod Khurana who wrote (15786)8/18/1997 4:42:00 PM
From: Steve Fancy   of 42771
 
C'mon VK, for all practical purposes there is absolutely "nothin" to hold this stock above 8. With earnings apparently on Thursday, based on history, the stock shouldn't start any pre-earnings runup until Wednesday. I wonder if all the news missing from the last 90 days will come out then...remember how Novell has always handled their news...release it in a big bundle, then keep quiet for a couple of months.

Besides, Novell goes up in down markets, not up markets.

Novell's been waiting for the big surprise a lot longer then Apple. I share your hope that we'll hear big news on Thursday, but history says forget it. A board shuffling would be about the best news I can think of. Put Crazy-man Larry Ellison on the Board.

sf
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