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: Jack L. Dlugach who wrote (16373)	8/26/1997 1:30:00 PM
From: Eddie Kim	of 42771

Jack, GREED is good if you let work for you. People will buy NOVL until IBM says no deal or the rumors start to disappear. Greed will make them buy, and you as a NOVL holder will profit. I do not own NOVL and I plan never to again - why buy beer when one can buy wine? Yet, if I was a holder right now, I would be very tempted to take my money and run. Of course, there is a possibility the rumors are true and/or NOVL will continue to jump tommorrow, but what happens if the rumors are squashed tonight after trading houre. NOVL will surely open 1/2 to 1 point lower. IBM will not buy NOVELL. No let me rephase that: Novell will not allow IBM to buy Novell. IBM probably is interested and offered a price, yet Novell refused. This is my opinion. -Eddie

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