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: Elmo Gregory who wrote (16021)	8/25/1997 1:49:00 AM
From: Elmo Gregory	of 42771

How Does Struggling Novell Spell Relief? B-U-Y-O-U-T Troubled Novell just reported a $122 million loss, and its stock is at 52-week low. The upside: It has trimmed its work force, slashed costs and re-positioned its product line. Don't waste your time pondering whether CEO Eric Schmidt will right the company. It looks increasingly likely Novell will find a suitor. Industry watchers favor IBM. My take: Let's hope this happens. There's nothing worse than watching a good company bleed to death. Novell could be a real bargain -- what with its huge installed base, its premier networking technology, its $1 billion in the bank and its low, low stock price right now. www4.zdnet.com

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