Jim:
I'm going to let time answer your question. However, while I don't see explosive growth in NOVL's nearterm revenues, I see a product pipeline being methodically put into place by a smart former CTO of SUNW. That, the cash on hand, the installed base, and the networking software sector have my vote. I got in at 7 1/2, so I can at least sleep at night as NOVL starts to create more naysayers. Look at how other companies such as AOL, MEDI (biotech), and YHOO seemed to grow from dust to riches. Its not always evident to the strict nearterm quantitative approach. Remember, if you have time on you side, then the Dr. will provide the medicine to cure what ails ya <s>,
This company is starting to expand into one of the hottest sectors of 1998. If you don't see that, then you don't understand NOVL's true underlying value. Sure they may fumble, but I believe they are making a sincere effort at trying to move the ball into the endzone.
Regards,
Quad-K |
