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

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To: j g cordes who wrote (3425)9/10/1996 10:40:00 PM
From: Salah Mohamed   of 42771
 
>>when does 3rd q. announce<<

Q3 results were announced on 8/22/96. Q4 ends in October, and the results will be announced in early December. According to the company (per conference call with analysts on 8/22/96), the revenues in Q4 will be higher than Q3(365M), and the earnings will be flat or slightly higher than Q3($.17). This means the revenues will be high enough to substitute for the extra 20M in marketing expense.

Now...Is this going to happen?. I definitely hope so. From all indications we have right now, they could (and should) meet or exceed their targets. If they don't, we (longs) are in deep trouble.

Regards

Salah

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