SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dieter Koerner who wrote (26462)4/5/1999 1:08:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
Rumors hitting NOVL

There have been many posters I have seen over on other threads trying to spread the Schmidt rumor. Today on CNBC they had a stockpicker saying NOVL was overvalued and analysts were playing down this quarters earnings etc.

This stock is now heavily traded by speculators. Many of them went short the stock during Brainshare figuring on a post Brainshare correction. Didn't much happen did it! By the first day of Brainshare the stock had done its correcting. So they have to talk the stock down if they can. Send out the flacks etc. or buy back in at a higher price.

===============

NOVL often gets bought on rotation.

Keep in mind that if NOVL continues to produce decent earnings increases the day will come when the fundamental question will be answered about REVENUES. We have a very decent shot at getting a positive answer. When REVENUES GO UP, the last doubters will fall into line. The safe money will move into this stock.

Nearly any earnings report from now on could bring this action.

I want to be holding the stock when that happens.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext