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

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To: E_K_S who wrote (3514)9/13/1996 1:18:00 PM
From: jim A   of 42771
 
Eric,
As i mentioned earlier, analysts know this info well in advance, and
if they thought NOVL would see it revenues/profits potentially
growing they would be recommending/buying NOVL. The opposite
is happening. Nothing can give NOVL a boost, which lends me to believe
that investors feel $$ invested in NOVl will be flat, thus they're shying away.
You're posts are excellent but at some point you should relinquish your personal attachment to NOVL and focus on your investment goals.
(which are i presume are to make $$ rather than lose).
I beleive taking a loss would gian you more than holding
onto this dud. I'll gain the 31% in a tax loss writeoff. Will
Novl gain 31% anytime soon - likely not, and possible never.
Take the loss and invest elsewhere.
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