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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Brian Malloy who wrote (27052)5/26/1999 9:59:00 PM
From: WebDrone  Read Replies (2) of 42771
 
Well, I'm not upset with the price. My amateurish comments:

I bought half of what I wanted, just before earnings. I listened to the CC. I'm moderately technical, but I'm still trying to figure most of the products out. Here is what I heard:

1) Netware is for real. It's being accepted at the large scale, and is being adopted by smaller operations. ( expanding customer base, IMO.)

2) The other products are not chopped liver, either. By a long shot. New products coming, too.

3) Next quarter should be great. While you never know about Y2k slowing IT spending, it hasn't hit yet. Dennis (or Eric, I forget) hints that the year's projected earnings were conservative in that they accounted for a substantial y2k negative impact they are not seeing (yet?)

I'm convinced the company has made a major turnaround. It takes a long time for "the street" to believe.

WebDrone
(sheesh- I really like this company. Easy to hold.)
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