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: Joe Antol who wrote (4505)	11/2/1996 5:53:00 PM
From: Elmo Gregory	of 42771

Joe: Thanks for the response. I know that you have been one of Novell's best supporters and I would hate to see you give up now when we need you the most. However, I believe that you will continue to do your best in spite of the frustration. Do you have any insight as to whether or not Novell will meet the estimated $0.18 EPS? If Novell does meet or exceed this number, then the stock should start its recovery -- based on what has happened in the past. Looking at the intraday price/volume chart seems to suggest that the smaller investor is the one doing most of the trading. Correct me if I'm wrong. If that is true then the institutional investors are waiting in the wings for something to happen before moving one way or the other. With so many of us monitoring the news and other sources, we should be able to construct a matrix of possibilities regarding the direction and probable success of Novell. As some say, "something looks fishy", but it may be just the institutional investors waiting for -- whatever they wait for. This is a heck of a ride. I hope we all make a dollar or two. Regards, Elmo

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