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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Eddie Kim who wrote (3517)9/13/1996 7:07:00 PM
From: Jack L. Dlugach   of 42771
 
What you say about analysts and their predictions is
a fact.

All you have to do is pull up the stories from the WSJ
and look at how often their forecasts are on target.

The last study I saw in the Journal said that only 15%
of analysts come within 20% of targets and that even
those analysts are often wrong on many of their
predictions.

So the analysts do not "know" what Novell's future is
any more than we do.

Besides that, mistaking a belief in the risk/reward possibility
of an investment in Novell with a "personal attachment" to
the company is all wet. Most people don't care who the
company is or what they do as long as it makes money for
them and that is what I expect Novell to do eventually.
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