Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim A who wrote (5351)	11/27/1996 4:30:00 PM
From: Janice Shell	of 42771

Jim-- I agree with you--wish I didn't. After this morning's early mild enthusiasm it was all downhill. A brief (and incomplete) roundup of analysts' comments and new reports: Alex. Brown -- maintains "neutral" rating Morgan Stanley (in their "morning notes"): "neutral" NY Equity Research: "market perform" Brown Brothers Harriman: "short term buy", price target 13 (this is our best press for today) Dean Witter: "accumulate" Piper Jaffrey: "market perform"--which doesn't sound awful, but it's a really nasty report Couldn't get the rest; the server went down. But the point is: we're not gonna get any upgrades right now. Everyone except Piper Jaffrey is (very) cautiously optimistic, but they have no intention of changing their ratings until and unless they see improvement in the next quarter's earnings, a new CEO, and better marketing. No one except PJ discusses the possibility of a takeover (which frankly I find odd, considering the rumors and the poison pill); PJ says they don't think anyone would really want to buy. So--not really encouraging, is it? I for one am praying PJ's wrong, and that a buyout will be announced imminently. Janice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next