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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: dwight vickers who wrote (5272)11/26/1996 6:55:00 PM
From: jim A   of 42771
 
OK. NOVL earned 0.17 this Q and is confortable with 0.8-0.9.
Seems to be that 10% EPS growth from this Q on will give 0.87
for next fiscal year. Seems that NOVL needs to be at 20% growth to warrant a P/E of 20-25 and a stock price of ~17-20.
Am i missing something.
How can we interpret NOVL to be a growth sory based on these
avarage numbers.
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