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


To: vinod Khurana who wrote (18843)12/2/1997 1:42:00 PM
From: Joe Antol  Read Replies (2) | Respond to of 42771
 
Hi VK: Well, looking at today's action, you may be back in today, if
not, by the end of the week anyway <g>. Java?-well, I'll paraphrase
Fred: "don't get me started <grin>". Wanna know what I think they
should do NOW? (w/o going out of business?). Well, I'll say it anyway:
1. Downsize immediately another 15-20%.
2. Utilize a minimum of 33% of the cash for a stock buyback.
3. Terminate "all" new construction plans (indefinitely).
4. Cut "all" executive incentives.
5. Embrace in toto the Win32 API and port ALL remaining product lines
to Wintel.
6. Utilize another 33% of the cash for massive Promo/Pr/Marketing.
7. Partner w/MSFT. "That" will make monet for the shareholders. ...J



To: vinod Khurana who wrote (18843)12/2/1997 3:31:00 PM
From: Joe Antol  Read Replies (1) | Respond to of 42771
 
VK: NOVL 3:12PM 8 5/8 -5/16 -3.50% e 1,584,000 (You almost dere') <G>



To: vinod Khurana who wrote (18843)12/2/1997 4:22:00 PM
From: BP Ritchie  Respond to of 42771
 
Well VK ... the price touched 8 1/2 late today ... then someone bought 30,000 shares (at 8 11/16!) ... was that you? Are you a long again?

If you are ... then the stock will certainly go up to 12 1/2 soon, right?

On balance ... I guess that today wasn't too bad. All the tech stocks went down ... and the volume of NOVL trading seems to be drying up ... I didn't watch that closely today, but I think there was a bunch more short sales today ... short interest might be at new highs by now! ... Seems that not too many more people are willing to sell at these prices though, so maybe it will be heading up again in the next few days?

Alphonse ... R U there? ... did you do some more selling this week?