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

To: Dieter Koerner who wrote (31869)	5/23/2000 7:14:00 PM
From: Captain Jack	Respond to of 42771

Well,, this is better than what I saw,,, Cramer must be trying to unload,, Meanwhile, Novell, which makes computer network software, reported net income of $31 million, or 9 cents a diluted share for its second fiscal quarter ended April 30. In the comparable quarter last year, the company's net income totaled $38.7 million, or 12 cents a share. Excluding a one-time royalty payment of $35 million, Novell said it earned 2 cents a diluted share. A poll of six analysts taken by First Call/Thomson Financial predicted earnings of 1 cent a share. Analysts lowered their estimates in early May after the company warned that its results would be lower than anticipated because of a drop in demand for its packaged software. The Provo, Utah-based company reported revenue of $302 million, compared to $315 million reported for the third quarter 1999. Novell shares closed up 13/16, or 9%, at 9 3/4 at the end of regular trading. The company reported its earnings after trading hours, and its shares fell 1/2 to 9 1/4 after hours, according to Instinet.