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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: James Knowlton who wrote (8856)3/4/1997 2:26:00 PM
From: Joe Antol   of 42771
 
James. You are not telling the whole story with this post. As I type
this, I have the First Quarter 1997 Results right next to me. What
you need to do (and I know you've done this) is to go line by line
and compare againts Net sales, Cost of Sales GP%, Operating expenses
etc..., to get the "true" picture of the financial health of your
company. You cantjust quote the first paragraph of the press release.
It's misleading. Again, even if you back out the 61M of revenue
included in 4Q 96, you have LOST MONEY IN 1Q 97. At best, your sales
and revenue are FLAT, and show no signs of increasing. In fact, the
trend shows DECREASING SALES AND REVENUE, and DECREASING MIND AND
MARKET SHARE. So, please, don' insult me. As far as your $25 question
my answer would be the same. I.E. MGMT=LOUSY BECAUSE IT SHOULD BE $35.
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