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: BJP1946 who wrote (18654)	11/25/1997 10:14:00 AM
From: Don Earl	Read Replies (1) of 42771

<The EPS is irrelevant since no one is buying this stock on that basis.> It went from 9 to 7 on -.04 last March. If you don't believe the numbers have anything to do with the price of stock, you really should see me about that bridge. Such a deal, just for you today. If Novell hands Wall Street another surprise loss for the third quarter in a row, you'll see a new low in the AM. In this market the short players will be on it so fast your head will spin. Not to mention the panic sellers. It's one thing to have confidence in an investment after doing careful research, knowing full well the risks involved, but Wall Street is built on the bones of the wishful thinkers. Regards, Don

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