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

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To: ToySoldier who wrote (24851)1/1/1999 10:51:00 PM
From: E_K_S  Read Replies (1) of 42771
 
What do you see for both earnings and sales for 1999? IMO it will be the growth in these numbers that will eventually lead the price higher. When do you think Novell will earn more than a $1.00 per share in the year? ...will those earnings still be driven 100% by NetWare sales or will the product mix be different.

My guess is that (1) NetWare sales will still make up over 80% of Novell's total revenues for 1999 (2) total earnings per share for the year will be less than $0.55/share and (3) total revenue growth for the year will be less than 15% and will not exceed $1.5 billion.

If the above is true, IMO I think Novell's stock price is closer to it's high at current levels than it's low.

Good luck to all Novell investors and let's hope that CEO Schmidt can keep the company growing.

EKS
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