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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Jim McCormack who wrote (20740)3/5/1998 10:57:00 PM
From: Don Earl  Read Replies (1) of 42771
 
Hi Jim,

If you click on a NASDAQ (old site) chart it will give you volume and close for everything from 3 months to 5 years.

FWIW Q2 amateur estimate:

Revenue continuing to decline at 6%. 252 X .94 = 237

Expenses comparable to Q2 with another $40 million defered until a later date.

EPS .05 with a .01 surprise but not nearly the surprise that will come with an audit. The faithful will proclaim that all the problems are finally solved and the company will turn around once revenue starts to grow and they get their marketing problems solved. Traders will brag about making a 50% profit on the move from 4 to 6. Novell will continue to produce great products that nobody knows about.

Regards,

Don
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