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

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To: Jim McCormack who wrote (20805)3/6/1998 9:54:00 PM
From: Spartex  Read Replies (2) of 42771
 
Jim:

I appreciate your lengthy and well written rationale for the value in knowing someones identity. I understand it,and respect it, however you seemed to go after ToySoldiers lack using a "real name" and completely bypassed his well written response to your challenge.

I know for a fact, he has a reason to remain anonymous, you read his response, I read it, and I believe him! At this point lets move onto the real issues at hand, "Does Novell have a future in 1998 and beyond?" and "Is this resent stock price surge and volume indicative of the future ahead?"

You are of the type that needs to see the earnings and revenue growth in the palm of your spreadsheet hands, others are more abstract and creative, and yes take a bit of a risk in doing so, and can see the revenues kicking in as Dr. Schmidt rolls out his core products. Wall Street doesn't always need a bird in the hand before it buys into the stock (raises its price). There are very many other examples of this, you follow IPO's right (in the red for a year typically) and see them get high, and I agree many times extreme valuations. NOVL isn't even close to that level IMHO. ToySoldier and I just see things differently than you, and so do the current buyers. We'll see who is right eventually, thats my point.

Time to get a little rest over the weekend before the tech fest begins anew on Monday.

Regards,

Quad-K
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