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

To: Don Earl who wrote (18625)	11/23/1997 10:12:00 AM
From: Wallace Rivers	Read Replies (1) \| Respond to of 42771

Of course, this rumor is almost as old as the Pyramids...BJP's point is that this sale could be considered risky, because even the RUMOR could cause a spike.

To: Don Earl who wrote (18625)	11/24/1997 8:16:00 AM
From: BJP1946	Read Replies (2) \| Respond to of 42771

This board has some of the whiniest posters I've ever encountered. If you don't like the stock why not sell it, get it off your "sheets", and go on to the next one? Oh, but then you'd have nothing to complain about! I'm new to Novell, not a techie, but have noticed that a lot of beaten down companies actually turn around when they hire a new CEO. I can't evaluate Schmidt but, for heck's sake, the guy had a real career before Novell and is certainly going to try his best. Everybody assumes that Novell's dead meat because it's in Microsoft's path and that's probably right but it's certainly been discounted to a large degree already in the stock price. Msft is not invincible. Compaq thought enough of Novl to share joint full page advertising with them in all the big papers regarding the Comdex network. Is Compaq a loser? The guy who runs Cpq is a killer, so what's he doing putting his company's name next to Novl. Everyone complains, again, that novl got taken out of the index. But, if there's any chance for a turnaround, that's when you buy, not sell. So they've got cash, good technology, an installed base, recent acknowlegement from Cpq, are actually delivering new products and the stock continues to form a base. That's a bad spec? Can anyone guarantee that windows will be here forever with technology changing as rapidly as it is. I'm not even going to comment on a guy arguing that selling naked calls or puts is a layup. Talk to Niederhoffer.