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


To: Eddie Kim who wrote (8)8/23/1997 12:12:00 PM
From: Eddie Kim  Respond to of 33
 
Novell: A ripe plum for IBM?
www8.zdnet.com

Novell the day after: It's a rough road ahead
www8.zdnet.com

From DBC (http://www.dbc.com):

Novell gains on 'strong buy' rating
Novell shares gained 3.1 percent Friday even after reporting that a 75 percent drop in fiscal third-quarter sales left earnings below Wall Street expectations. Novell posted a loss of 25 cents, excluding a 10-cent charge. Analysts expected a loss of 10-15 cents, according to estimates from First Call and Zacks Investment Research. Sales fell to $90 million from $365 million a year ago. One reason for the stock's rise might be a "strong buy" rating in new coverage from Dayton Hancock Waltman. The stock closed up 1/4 at 8 3/8 on a day most tech shares fell. Novell has been struggling as businesses increasingly turn to Microsoft's Windows NT for their network software.

-Eddie



To: Eddie Kim who wrote (8)8/12/1998 5:34:00 PM
From: Spartex  Read Replies (1) | Respond to of 33
 
Eddie:

Its sometimes good to look back a year and see how your suggestions worked out.

<<NOVL might make it, you never really know. However, why risk it? Why not buy CPQ, DELL, COMS, CSCO, WDC, etc... These stocks are sure winners and I wouldn't be surprised if all double within a year or
two......Go for the sure thing, in my opinion>>

NOVL went from 8 1/4 to 11 1/8

CPQ from 28 to 34

CSCO from 40's to 90's

WDC from 50 to 12 (ouch)

COMS from 55 to 30 (ouch again)

DELL from 40 to 107 (the winner)!

Bottom line, all stock picks are "risks" and I've never come across a "sure thing". In my case I like to limit my loses, and hence that's where buying COMS or WDC would have been deadly picks last August.

QuadK