Novell a great buy at these prices? Earnings will be up? Message Board

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Technology Stocks : Novell a great buy at these prices? Earnings will be up?

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To: Ghassan I. Ghandour who wrote (35)	10/24/1996 2:14:00 AM
From: Don Budzinski	of 46

Well, regarding NOVL's ability to hold at 10 - OOOOPS! Today it fell through (although it did recover and wind up unchanged at 10.25 for the day). I would be curious to know how many of the NOVL stockholders are holding on solely because of takeover hopes. In the computer trade press (PC WEEK, INFOWORLD, COMPUTER RESELLER NEWS...) there have been persistent, ongoing rumors in their gossip columns about secret negotiations between Novell and Hewlett-Packard, Novell and IBM, Novell and Netscape, etc. It certainly seems like a plausible scenario. And I can recall the dramatic price action with Lotus stock when IBM announced the acquisition - Lotus DOUBLED in one day! Besides, there seems to be little downside risk at these price levels with NOVL at 10 and change. I am a shareholder and have just purchased more to average down my cost basis. It will be interesting to see how this all unfolds...

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