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: Raven McCloud who wrote (18713)	11/26/1997 9:18:00 AM
From: BP Ritchie	Read Replies (1) of 42771

Thanks for the insight, Michael! I did notice a fair amount of what looked like short sales yesterday as well! The 'bottom line' numbers do look a bit better than I expected, and from the comments on this thread ... probably better than reality too. But, ... I don't think they really started to work on generating revenue until the last few weeks. They are starting from a very low 'benchmark' and have plenty of pent up demand to fill now ... I think that 1998 will produce some significant real gains in revenue ... or set the scene for a buy-out that they will agree to this time. It will probably be difficult for a short to avoid being nailed without a lot of attention to the daily & minute by minute news about the company. I guess the 'interesting times' aren't over yet. I bet there will be a lot more attention to Novell now, if they use it right it could help them ... but, then again we've seen what they did with other opportunities (ignored them) ... it's finally time to see if the management changes had a positive effect, I think we'll know pretty soon now.

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