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

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To: E_K_S who wrote (5667)12/10/1996 1:04:00 AM
From: Scott Phillips   of 42771
 
EKS,

You are more up on Novells' technical pattern than anyone I know including my broker. So my question to you is, How much time in your opinion do you think it will take to see Novell trade at a PE based on 97 numbers not 96 .8 to .9 instead of .35? This to me should already have benn done at least Novell should have been trading at a pe based on .68 a share as we now have two solid quarter behind us. Is the concern here with analists seeing the decline in revenues, and wasn't that expected with the release of unix and wp?

Scott
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