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: Joe Antol who wrote (7534)	2/1/1997 11:04:00 AM
From: Ghassan I. Ghandour	of 42771

I would like to remind people that it was V.K. who called this move correctly on the eve of its occurance. He then attributed the coming move to technical breakout and stated a target of 12 1/2. The volume over 12MM indicates it is not just technical. As I wrote, about two weeks ago, to Joe we (long term holders of NOVL) will be handsomely rewarded in a month time. This time has come and it will last until the earnings release and beyond IMO. This time it is real and it represents the natural consequences of Bob's restructuring and the earnings sequential improvement as Salah has shown. It also indicates that we are in for a pleasant earnings announcement around the 21st of this month. The best time to sell (or sell calls) would be then with the intention of getting back in as the stock consolidates and builds a base somewhere below. Ghassan.

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