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

To: BP Ritchie who wrote (18811)	12/1/1997 2:49:00 PM
From: jim A	Read Replies (1) \| Respond to of 42771

BP, you really think its cheap. At todays prices it would be around $3B. I dont think anyone will buy a co. (especially at these levels) who is losing market share and competes directly with MSFT. I still think it headed to previous lows.

To: BP Ritchie who wrote (18811)	12/1/1997 9:45:00 PM
From: Joe Antol	Read Replies (1) \| Respond to of 42771

Hi BP. Well, I dunno. I refer back to an excerpt of Salah's post #18752. <<<<<< ... The three scenarios discussed in Post #14205 still are valid with a tilt towards the stagnation scenario which was quoted by Paul in a recent post. Without trying to dampen any enthusiasm for the stock, let's get realistic here, analysts consensus estimate for 98 is $.30. If you give this stock a PE of 30 which is generous, you end up with $9 for stock price. Or one can say it deserves a PE of 20 plus cash, and this is also comes to $9. At $9, the stock is selling at about 3x yearly sales which is reasonable considering the problems they are encountering at the present time. >>>>>>>> BP, I really think they're gonna retest (and perhaps go below) the 52WK low. And, you know where that is ---> Dat's in the "6 land". And, at that price, given the "standard premium", well... this time it might be when the "large lady" sings ... Again, my opinion. I am not shorting the stock. Nor do I hold it. I saw the interview you posted (very bad, very bad indeed). And as far as some people "resurrecting" the "Oust the BOD" theme again, boy oh' boy you know how "I" feel about that one <g>. But, we couldn't get em' outta there with dynamite. We couldn't even get "ONE" of them out. Sheesh! Would I loooovveeee to see that BOD swept clean. I told ya', IMO each member is worth two bucks a share. Good luck to you BP. I sincerely mean that my friend. Regards, Joe...