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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: vinod Khurana who wrote (16253)8/25/1997 7:57:00 PM
From: Jack L. Dlugach   of 42771
 
VK: I think he's right--Schmidt did the "tough love" thing and dealt with all the problems at once in a very harsh manner. Now the company is poised to grow again--it won't get as big as it was 2 years ago for awhile but if the acceptance of the new products is good, it'll grow enough to make the stock attractive once again at these prices. Maybe in a year we'll see 15 or more again. David Lethe was apparently right again after all when he said "hold" instead of "sell" at those depressed prices--I have to give that DL guy credit on Novell's outlook--he's sure been accurate in his analysis.
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