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

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To: Pruguy who wrote (25812)3/6/1999 3:09:00 PM
From: Brian Malloy  Read Replies (3) of 42771
 
I don't have on line access to Barron's either. I went to Barnes & Nobel to pick up the 8 March edition. Front cover has NOVELL.COM and a picture of Eric Schmidt. Very balanced article laying out the strategic alliances that Novell has made, how it will not compete head to head with MSFT as Noorda tried to - but instead use its strengths to grow its market share and thereby compete with MSFT. Some of the Novell bulls in the article to include the SOROS group think NOVELL can be at $80 in 2004.

I was quite impressed by the list of analysts and firms that have stakes in NOVELL. I think it underscores why NOVELL held up so well in the Feb downdraft. There is big long term money in this stock now and it appears these shareholders are patient.

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