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: Elmo Gregory who wrote (18965)	12/8/1997 12:10:00 PM
From: BP Ritchie	Read Replies (1) of 42771

Welcome back, Elmo! I think the 'technicians' might say that were 'base building' .... the 200 and 50 day averyages look pretty much flat now ... and I think they just might turn up next. So, the longer the company managment holds the 'base' flat, the higher and longer the upturn will be when if finally arrives! ... These guys really are doing their best to hold down expectations, I think with the intention of beating them ... the lower the target, the easier it will be to beat. The low stock price is the price 'we' pay for their strategy though, I'm not very happy with the stock price results ... but somehow think that it is not as important to the current management as it should be. I'm not so sure as many others on this thread that the BOD doesn't care though ... and have some hope that they will not quietly accept another 'flat to lower' year.

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