Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim McCormack who wrote (20742)	3/5/1998 11:26:00 PM
From: E_K_S	Read Replies (1) of 42771

Hi Jim - I say they stuff again. This has been their standard operating mode! Can we conclude differently? The current "Bulls" have not been around long enough to understand just what type of management we have. With CFO Toolon you just never know what is accurately reported and what is just fiction. Only until he resigns and an independent audit is performed can we really build a forecast that we can rely upon. I believe the street has also come to this conclusion. I still have a small position left in my IRA at a cost of $15 which I will sell if and when we reach that price. I will however be open to buy more Novell if (1) significant management changes occur (like Toolon resigns); (2) additional lay offs and reduction in operating expenses occur to fall more in line with the reduced revenues; (3) the company expands it's revenue streams into "service" type revenues that make up more than 35% of the total flow; or (4) new products show significant revenue growth for more than two quarters. Based on my best forward looking, none of these events seem to be developing. Regards EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next