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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Steve Fancy who wrote (16918)9/3/1997 5:08:00 PM
From: Elmo Gregory   of 42771
 
Hi Steve - The pump on the rumor mill needs priming. Is there anyone left with enough credibility to get it going again? I think the last rumor had a good foundation (based on the reporting source) but now it needs a booster shot to bring it back to life.

Dr. Schmidt has stated Novell's position (aka Board of Directors position) that "the company is not for sale"; therefore, any takeover, buyout, merger, or whatever, would be hostile. However, if one interprets Dr. Schmidt's statement as "The company is not for sale today, but ask me tomorrow", that's another story.

Stock at 10 + by the 17th (in my opinion).

Elmo
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