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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (35501)	2/24/1998 8:47:00 PM
From: Electric	Read Replies (1) of 58727

*NOVL* To anyone interested: Novell is a company based in Utah, where I live.. And I had a conversation with a member of the finance department at Novell. He mentioned to me that the firm has been supplimenting their income with cash reserves that the company had in its better years. Before you enter it based on a turnaround, keep that in mind. The person told me that at the rate they are going, the cash reserves will be depleted in 2 years, and the company is stuffing the channel.. Now be assured that I am not a representative of the company and cannot prove these things materially, but wanted to warn that if you want to invest in the company that I would use caution. The man I talked to in light conversation felt that the correct price is around 8 or so.. I was watching CNBC and they were hyping it, dont believe the hype IMHO..

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