Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sanjay shah who wrote (19068)	12/12/1997 2:51:00 PM
From: vinod Khurana	Read Replies (2) of 42771

Hello Sanjay, no I have not given up on NOVL although that $12 1/2 target I had for year end is definetly not in the cards...unless of course the buyout rumors start. I am waiting for someone on this board to get them rolling...... I have this feeling that NOVL is going to buy some small outfit soon so as not to be a target themselves...that $1 billion in the bank and market cap. at under $3 billion sure could be setting someones eyes on this company. After all, what is $3 billion these days...nothing but change to the likes of Oracle, IBM, MSFT, CPQ etc, etc, etc.... Novell has great technology, great people and a large customer base that make it an attractive play. At this moment the stock is trading at $ 7 13/16 and just a tad over my first support at $7 3/4. Break this and I think we may just see $6 3/4 going into the new year. I hold almost 800 shares of this dog ("dog" refers to the stock and not the company or its people) and have an order for some April 5 call options. I am accumulating as it falls. V.K

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next