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

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

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To: Steve Fancy who wrote (3391)	9/11/1996 4:32:00 PM
From: Ken Turetzky	of 42771

>Am I doing my division wrong, or is 5 billion a little over $14 a share? I guess after commission, I would at least break even. Would Novell sell at $14 a share?< That would be great for me, Steve. I bought NOVL at $21. Is NOVL supposed to sit around between 10-14 for six months (as VK's broker indicated) waiting for IBM to buy it? Or, I can spend more money to buy more NOVL on pure speculation, hoping to make enough to pay for the loss I'll take when IBM buys it cheap. What a choice. Here's a better idea: Let NOVL improve its product and marketing and attract investors on its own. Make IBM spend $10 billion to buy the company. Anyway, legitimate takeover rumors tend to make a stock price move. NOVL has fallen even further since the Netscape/IBM rumors began appearing/reappearing. Isn't anyone going to bring up AT&T again?

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