Novell a great buy at these prices? Earnings will be up? Message Board

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Technology Stocks : Novell a great buy at these prices? Earnings will be up?

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To: Robert W. Brandenstein who wrote (4)	8/17/1996 11:33:00 AM
From: David A. Lethe	of 46

>I purchased Novell stock a year ago at 21 5/8, I still hold the stock. What are my chances of regaining some of my losses? Personally, Robert, I would consider taking a capital loss on half of the shares today, and putting that money in another company that has good earnings potential for the rest of the year. There are many companies out there that have sales momentum. NOVL's only momentum happens to be on the down side. (For the record, I no longer own any NOVL, but am in the industry, as a IBM networking/systems management salesrep to the Fortune 500. Those firms aren't buying netware like they used to, and I have yet to call on a company that DOESN'T have NT server running somewhere. ) Unless NOVL starts porting their products to other platforms, then they will continue to slide. Example: their intranet/internet server, won't be ported to older versions of netware. Big mistake! (of course it could be because of technical limitations, not just marketing). Good luck to you, David

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