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

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To: Joe Antol who wrote (19835)1/27/1998 12:53:00 PM
From: Steve Fancy   of 42771
 
>>Frankly, I don't know "what" the proper entry point for this stock would be now, even to just "park" the $. Do you?<<

Hello Joe...I have no idea. All I know for sure is that the stock is continuing it's multiple year slide and coming close to threatening it's all time low. Setting aside buyout rumors (which I believe are all vapor until the stock is closer to 5), I can't see much upside until they "show da money". Credibility is just about non-existant IMO. I don't believe there have been any Netware 5.0 revenue estimates released publically by Novell. As I have speculated before, I believe this is because no-one has any idea. I believe they've put their neck on the chopping block with the "hope" that 5.0 will be a bigger hit than Intranetware. I suspect MSFT will publish something to freeze NOS sales as Netware 5.0 is released...they get away with it every time. It'll be something to the affect of why buy Novell now, when in just a few more months you can buy the real solution. Unless general MSFT sentiment changes, they'll probably get away with it again.

I'll buy when insiders buy, or they remove the poisen pill, or in the 5's, maybe low 6's if it happens soon enough.

sf

sf
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