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: DJBEINO who wrote (26074)	3/17/1999 2:08:00 PM
From: Spartex	Read Replies (1) of 42771

Novell (NOVL) climbed 1 15/16 or 8.1 percent to 26 1/16 after Merrill Lynch analysts praised the network software maker's new directory NDS v8 as having "significantly higher capacity" than Novell's current NDS product. The new directory, which is currently in beta testing, is considered by many to be the most powerful of network directories. It helps support millions of e-commerce applications. Merrill upgraded its rating on the network software maker to "buy" from "accumulate" and raised its 12-18 month price target to $30, based on 40 times estimated fiscal 2000 earnings. See Story. cbs.marketwatch.com

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