Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Don Earl who wrote (16917)	9/3/1997 3:30:00 PM
From: Steve Fancy	of 42771

Hi Don, Elmo...Although I believe that in the end the Novell story will be positive, it appears that it has peaked short term and is likely to start a slow descent down to 8 1/2 or so unless they release some kind of shattering news. All things considered though, if 8 1/2 is the bottom, they have managed to pull the stock price up 1 - 1 1/2 points over where we were trading a month or so ago...on bad news no less. I wonder if these peridoc takeover rumors are generated intentionally to stop the stock from tanking. Based on their constant position that they are not for sale, it does not reason to me that they are seriously persuing negotiations, yet I'll bet some of the rumors supposedly from inside sources are/were real. sf

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next