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


To: solutions_R_IT who wrote (32005)5/25/2000 5:16:00 PM
From: Captain Jack  Respond to of 42771
 
Solutions -- I never expect a 1 way ride. Some of my holdings are red at this time,, a mkt thing- not an issue item except NOVL. This debacle is company specific. Shareholders were wounded by the ricochet when they shot themselves in the foot.
I believe novl employees are diligently working on a business model--- much too late.
<<"It might not happen quick enough to satisfy an investor..">> believe me it will not happen soon enough to satisfy anyone. The diehards will stay and new buyers will arrive but investors will be bailing at every level as it slowly rises. Anyone loking for the old high is dreaming. Every point will be a fight and take time after an itial bounce if it does bounce-- looks more like this dead cat splattered.
You guys can have all the slack you want. I'm not critical of employees. Sr mgmt is a different matter--- they are supposed to be watching for these things and prevent them. A drop is expected at times, bigger with mkt moves, but this is one of the worts falls I have seen in years. In Japan sr mgmt may have JUMPED on a sword (LOL).
I am not tearing down but believe there should be an explanations we have thus far received BS. In other words excuses can take you so far then reasons are needed,, not promies and hot air.
Hats off to both of you for your thoughts and information. In reality there has been more substance from you two than provided by the company.