SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eddie Kim who wrote (16311)8/26/1997 10:29:00 AM
From: Steve Fancy   of 42771
 
Eddie (edited), I don't know that the street thinks they are in better shape than they were a week ago, nor do I believe that BorderManager has had anything to do with this. I believe news on the potential of a buyout leaked weeks ago when the stock mysteriously went from 7 and change to 9 1/4. That runup has yet to have been explained.

Novell would sell at $13 because it is almost double what the stock will trade back down to without it, and because they know that is they're only hope.

The poisen pill only blocks hostile takeover attempts if I were to understand correctly.

On every significant earnings report they left hints that we all said we should have picked up on. The hint here is that Novell responded witn "no comment" when asked about this rumor.

sf



sf
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext