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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Elmo Gregory who wrote (22952)6/30/1998 10:45:00 AM
From: Paul Fiondella  Read Replies (2) of 42771
 
Morgan Stanley downgrade of MSFT

Well it was more like still an outperform but with a target price of 107. In any case the news all over everywhere today is that at a conference on NT5.0 deployment MSFT will announce a Beta 3 and a delay into mid 99.

Here is the point however. This gives Novell an extra quarter to get its Netware 5.0 established in the enterprise. You would think the stock would pop.

IT"S UP AN EIGHTH!!!!!!!

Now most people here except me believed MSFT would give NOVL breathing room because they expected a late release of NT5, but the stock hasn't responded to what should be a Buy signal!!!!
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