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

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

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To: Spartex who wrote (21286)	3/20/1998 1:04:00 PM
From: Steve Fancy	Read Replies (1) of 42771

Quad, I'm throwing in the towel on my low nines in two weeks bet. Add another $400 to my Novell loss pile...oh well, that's what I get for going short, something I have only done with Novell. I have no prediction from here, other than probably a bounce with brainshare, and a pullback as news on the lawsuits picks up. Hard to say what will happen at the shareholders meeting, have no feel for whether or not Noorda has the contacts to pull off his board breakup...stock will probably go down if he can't now that the world is becoming aware that the problem with Novell is and has been the BOD. If I remember correctly, an absentee vote is a "keep em" vote. Earnings will be interesting, seems they have a real problem this quarter and maybe next quarter depending on the 5.0 release. Will they take a charge for remaining out of date Netware products in the channel? sf

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