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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: waldemar cyranski who wrote (30915)4/4/2000 9:17:00 AM
From: ToySoldier  Read Replies (2) | Respond to of 42771
 
waldemar,

You might be mis-informed as to the purpose of this board within SI. We are not here posting on this board in an attempt to promote / pump this stock. Anyone on this or any othr board within SI that thinks SI postings are going to influence the related stock is fooling themselves.

NOVL is not a thinly traded penny stock which moved dramatically on rumour. It is controlled primarily by large money managers (i.e. mutual fund managers) and they would be the ones that will significantly move this stock. Now, maybe a few of them MIGHT watch baords like this for a little background info on the stock - BUT I highly doubt it.

As for NOVL rarely being mentioned in the industry or Wall St. rags, I dont see that as a major issue either. There are also a lot of high flying .COM companies that have almost never been mentioned. There are several times more companies that have sunk into oblivion without mention from the rags. So that is not the issue - unless your a tech blue chip which NOVL is not!

Unfortunately NOVL is a middle-of-the-road tech stock that performs bread-and-butter (although important) product development. It is not a fly-by-night nor a blue-chip tech. Therefor, you will not see NOVL make the flying .COM runs on the stock. It will grab and claw its way up the stock valuation ladder. This will take time.

I had hoped that it might have become a Tech Cult stock earlier in the year with the Gilder report and the end-of-year rise of the stock, but I have to admit that I was wrong. NOVL still has not (nor might it ever) become a CULT Tech Stock like CISCO, INTL, MSFT.

Cheers!

Toy