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

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To: dwight vickers who wrote (5325)11/27/1996 11:00:00 AM
From: jim A   of 42771
 
Pretty obvious the market didn't care much for NOVL nos.
After today we should remain in a tight pattern from 10-12 until
CEO news or takeover talk. No real evidence of solid growth here.
Take the 0.17 for last Q, to a target of 0.8-0.9 for next year and you get 10% Q growth. Not very good, especially for a co. that is supposed to be in a high growth market - intranet.
Im out if it appraoches 12.
Whwn techs inevitably correct, you may be able to get back in near single digits once again.
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