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

To: Joe Antol who wrote (18842)	12/2/1997 1:03:00 PM
From: vinod Khurana	Read Replies (3) \| Respond to of 42771

I have an order to buy back first batch of shares at $8 1/2 and the second batch at $8 1/8 followed by a third batch at $7 1/2. With options trading in the $7 1/2 - $12 1/2 range, I think short term investors can ride this no good mother of all stocks for some easy $$$. I am still expecting $12 1/2 although that may not happen until the next quarterly results are released. Wallstreet is not convinced that NOVL is out of the woods yet. Personally, I think it is going to get much worse if as I expect, MOEBy dick fails to impress the public. The "old" BOD has to go. Their influence on our Dr. over the last few months is not good for his career or us shareholders long term. That dam jet is still flying back and fourth between two head offices. Must be costing us $0.01/share every year to maintain it. Get rid of the jet and NOVL just MIGHT beat the whisper number the next time around by 100%. V.K P.S Something is wrong with the Java JDK 1.1.3 toolkit. In one program I wrote, the scrollbar does not move when the program is run on a laptop (CPQ 486/50) yet moves when run on a CPQ P100 or NEC P75. I hope NOVL does not bet too early on Java as far as development of their next O/S is concerned. It is not platform independent as SUNW claims it to be and a lot of users are going to be up in arms. I can see our Dr. making a statement as follows: "I am sorry to announce that the devlopment tool JAVA is not living up to our expectations. The programming language needs some fine tuning and only which I can tweak. For this reason, I am vacating my position here at Novell and returning to my old position as Technology Officer at SUNW. Novell investors should remain patient and not expect miracles of any kind. It is the sheer pressure from the investment community and in particular Wallstreet that pushed me against a wall and that led to my premature decision to go JAVA in the first place. You people asked for change and I gave it to you !! What more do you want from a geek ? Besides, it was the NOVL BOD that recommended I step down. They want someone more familiar with COBOL."