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: Brian Malloy who wrote (21992)	5/13/1998 10:28:00 PM
From: David H. Zimmer	Read Replies (1) of 42771

Brian: It seems we pick a few of the same stocks. NOVL is headed higher. In our opinion, substantially higher. What was interesting about Merrill's upgrade was that it was a "quiet" upgrade. I watched trading during the day and saw a few of the big boys both buy NOVL up and keep a lid on it. If there is a security to compare NOVL to, I would suggest one look at UIS. String together a couple of quarters of beating the estimates and this stock hits $24 to $26, just like UIS. Remember, analysts that set the estimates put out the buy recommendations. In short, the estimates this quarter are on the low side. In addition, NOVL fits in well within the portfolio of several blue chips. We are on board with a couple hundred thousand shares and look for more, even if we have to go higher. Best wishes to all and again, nice stock pickin' Brian. Zimmer

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