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 (22526)	6/7/1998 10:54:00 PM
From: E_K_S	Read Replies (3) of 42771

If Novell wants to raise its stock price and reduce the number of outstanding shares, they should just do a reverse split. The stock buy back will cost the company $0.12 a share to their "Free Flow Cash Flow" each year. With a good management team this could go directly to their bottom line against this years earnings! Novell already has a sizable equity portfolio and IMO really does not need to add to it by buying NOVELL. JMHO but I think they could achieve a better and more controllable return by using this capital to finance their new construction facilities. Long term its NETWARE and new products that will determine the true value of Novell. I am still long and waiting to see $20. EKS

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