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: Paul Fiondella who wrote (19796)	1/24/1998 6:27:00 PM
From: Spartex	Read Replies (2) of 42771

Paul: I concur, but would say that downside risk would be in the 6- 6 1/2 range, especially in the current nervous market climate. However, if there are institutions getting a wiff of Novell's 6 month outlook, they may start to nibble again. But you are right, many of these institutions won't touch Novell until they have a strong quarter and show some hope of a future. We seem to be at that inflection point between good and bad. Just depends on which way the wind is blowing, and at this point is looks quietly down. The quiet and suspense is kind of getting to me. What do you think will have to NOVL share price if they report 1 to 2 cents loss? I mean do you really think they are going to punish them? I would think that the shareholders and institutions are looking a little further out than the past quarter. They are insterested in Schmidt's forwarding looking guidance. If positive, back on board. Seems like we're all waiting for that pin to drop, eh Joe? I know, just the facts, you won't buy until you see some real fact$. Quad-K

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