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

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To: EPS who wrote (21719)4/17/1998 4:45:00 PM
From: Spartex  Read Replies (2) of 42771
 
Victor:

Yep I held onto the bitter end with the April 10s and was able to squeeze them out at 3/8s with 5 minutes to go before the close <grin> near the high. My gut said hold onto them to the bitter end. And then at 3:50 something hit the wire, and NOVL traded 1 mil more shares (33% of daily total at that time) the last 10 minutes of the day. here's what I found on the Yahoo message board for what its worth.

*** NEWS ALERT ****

**** BUY IN FIRST THING MONDAY !!!!****

FROM DAY-TRADERS. COM: RIGHT BEFORE FRIDAY'S CLOSE:

T: NOVL Novell Inc. (NOVL) is set to unveil two multimillion-dollar deals with foreign telecommunications
companies that feature the use of its directory services software to provide Internetservices. The Provo, Utah,
software maker will announce Monday a software licensingand consulting arrangement with Maritime
Telegraph and Telephone Co.Maritime Telegraph and
Telephone has begun offering customers asoftware-on-demand service through which users can rent software
by the hour, week or year. Customers download the software over digital subscriber line connections. Novell
also will announce on Monday a deal with Singapore Telecom International. Singapore Telecom will offer a
variety of network services,such as remote access for branch offices, hosted groupware, e-mail and
WorldWide Web sites, and network management..

Regards,

QuadK
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