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

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To: Rich Young who wrote (8673)2/27/1997 6:19:00 PM
From: Eric Anderson   of 42771
 
I don't understand why people would want to buy this stock if they knew very much about the company and its present condition. Even if it is down to 10 1/2 with the present earnings it will still be at a high P/E ratio and they have shown their inability to accomplish a turn-around many times. Yet, the fool that I am I still hold the stock today in some faint hope that someone will buy the company at these levels. I don't think they understand that this is peoples money that fooling with or maybe (no probably) they just don't care. It is beginning to anger me and I don't anger easily.
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