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

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To: David A. Lethe who wrote (18415)11/8/1997 5:42:00 PM
From: vinod Khurana  Read Replies (1) of 42771
 
What else can I say Dave ?.....this company just does not get it thru its thick skull.

While JAVA may become a hit in the not to distant future, what good will that do NOVL today ? Investors are focused on todays products....NetWare and BorderManager...not two years down the road on vapourware. Heck any company today can claim to have the next killer product two years from now but what does that buy them ? A low stock price and nothing more. Besides, who in this world is going to listen to NOVL and hold their breadth on future releases when Papa MSFT is there to take care of us ?

As one magazine recently wrote: "The market is pricing Novell as a startup company...". Who in their right mind would invest $8/share in a startup company ? What guarentees do we have that NOVL of all losers will come up with the next killer app ? Why not invest in MSFT or SUNW or IBM or CPQ or DELL or INTC instead ?

What does NOVL have to keep investors faithful to it ?

I'd like to request that the Dr. send his corporate jet to pick up all the Joe's, Eric's, BP's, Dave's and the rest of us for a chance to give it to him straight in the face. I hope he accepts this challenge...and I do not expect the Hummer vehicle to pick us up at the airport...that's his year end bonus for adding to the financial mess at NOVL.

V.K

P.S On a technical basis, I still like NOVL...until it strikes $12 1/2
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