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: dwight vickers who wrote (5325)	11/27/1996 11:58:00 AM
From: E.J. Neitz Jr	of 42771

To All: CNBC is Amazing--They Keep Airing THE Novell Article!! It is very unusual how CNBC has repeatadly aired the Novell item--especially, considering earnings were in line with estimates, and the stock moved a whole fraction of a point! Looks like CNBC prepared their item expecting a disastous earnings report! Last time I remember this type of reporting was back in early 1991 when they ran an article prdicting the demise of Hewlett Packard. HWP went from $70's to $26 around that time and around the $26 price everyone hated HWP and there were many negative tv reports. The stock since that point split a few times and became a wall street darling!! So watch out for TV reporting--it usually is a contrary indicator.

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