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


To: Bruce Weisman who wrote (18336)11/3/1997 11:34:00 PM
From: Steve Fancy  Respond to of 42771
 
>>..my guess is that they are just a cheap way of playing the stock ahead of earnings..<<

Hi Bruce, I'll bet you're right, I've got many filed trade confirmations on Novell options where I got burned. As I have said the last four quarters, bookmakers would give you big odds on the upcoming earnings...logic would say they somehow set themselves up for a surprise. Unfortunately these opportunities have not been utilized in the past. I have speculated in posts over a year ago that intentionally driving the stock price down was one of very few explanations for this companies behaviour. I'm expecting the absolute worst which might suggest they'll finally do it right this time.

Potential investors might want to research an established private company called Novonyx. This private company is rumored to be a joint venture between Novell and Netscape.

All opinions are my own, and only provided to attempt to provoke historical research before investing.

sf