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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Paul Fiondella who wrote (23168)7/21/1998 9:09:00 AM
From: ToySoldier  Read Replies (1) of 42771
 
Paul I would agree with you in most of your statement. The employees have gone through some really rough times over the past couple years while some other tech companies were growing fast.

But, the part I would not understand (not saying that you are wrong on this though) is why the employees that have now made it through the rough times, they see the NOVL stock inching its way up, they know better than all of us the power and marketibility of NW5 and NDS on NT , and they would take a short-term small gain when supposedly a much better gain is just down the road?

I do believe you when you say that employees might be taking their current gains and running, but it sounds like its a panic gain.

If I were an employee in that situation, I wouldn't take my investment direction from my CEO, I would take it from what the industry and market feel for NOVL. Schmidt's buying of NOVL stock would be a verification of my investment decision but not a deciding factor.

But each NOVL employee may think of their situation differently.

I know of one NOVL employee that sold his entire NOVL stock holding in early Feb because he needed the cash for a major purchase, he is kicking himself now that he has seen what the stock price has done right after his selloff (he didnt have much choice though).

Good reasoning though Paul.

Toy
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