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: vinod Khurana who wrote (16639)	8/27/1997 6:33:00 PM
From: vinod Khurana	of 42771

PCWeek - August 25 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.

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