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: TJC who wrote (6130)	12/23/1996 11:38:00 AM
From: Scott Phillips	of 42771

Tom, You are definatly not alone. As you can tell by my posts, I feel NOVL is a very good buy under 10$. The company is making money, the company has no debt, the company has 1 billion cash, another 1/2 billion in other assets, a fifty five million installed user base which is now starting to finally upgrade to Internetware, new CEO pending, this looks good to me. Unless the company has flat out LIED to shareholders, they said they were comfortable with .8 - .9 a share in 97, then we should see 22 - 25 next couple of quarters. I still can not believe we trade on a PE based on .35 a share, thus our pe is like 28 here at 10. I think we should trade at a pe based on at least .68 as we have earned it by showing 2 quarters of earnings. Buy under 10 thats what I think Scott

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