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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Alomex who wrote (25526)2/19/1999 5:57:00 PM
From: Loring  Read Replies (2) of 42771
 
Actually, I've got to go with Eric on this one. He's got more experience than you or I. Even if he is stretching it by 50% at his PR firm's urging, I believe him --- there's still a $40 billion market for directory services, and NOVL is there first with the most in NDS.

But the real question is : what will move the stock? Soros bought a chunk this last quarter. Publicity is getting more frequent and laudatory. If a few more analysts come around and MSFT continues to stumble with Windows 2000, then the market will be looking at NOVL much more positively. With leading PE of 35, the stock will look pretty good. Further, I believe we can expect a good report for Q1 this Thursday.

It's not too late to jump on the bandwagon, don't you know.
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