going back to NOVELL (NOVL) Message Board

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Technology Stocks : going back to NOVELL (NOVL)

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To: ratrace who wrote (6)	12/27/1996 9:26:00 AM
From: George Papadopoulos	of 11

Well I took the plunge and bought 300 shs yesterday at 9.5. My wife who is a networking consultant keeps telling me that her company keeps getting more and more Novell related contracts and that their technology is still superior to NT. I broke my strategy buying it when its P/E is still relatively high and management has been proved to be anything BUT management. I really like the cash they got in the bank and their extensive customer base. I am betting this gamble on a takeover since I do not think management will turn it around anytime soon. I wonder if they will ever hire a new CEO! My target is 15 within a year due to a takeover. If not, I 'll probably dump it and get back to my strategy. Let's keep this thread going!!! George

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