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


To: Spartex who wrote (19440)1/7/1998 5:21:00 PM
From: vinod Khurana  Read Replies (1) | Respond to of 42771
 
Quad, I agree with Joe. NOVL goes up in down markets and down in up markets more times than it does moving with the market. It is a strange phenomena but it is true.

The MM's are playing with this stock like a yo-yo. I believe it is the uncertainty surrounding the future of this company that is making the stock behave the way it does. Borlan had its days. Corel is having its own and so did Unisys at one time. This is the year of NOVL.

Dam BOD have their head stuck up in each others a** and cann't see clearly. We need new management. Managemnet that believes in its future and plans share purchases rather than see that $1 billion earn
a measly 5% return. Management that does something about its sagging stock price.

I vote for a complete sale of the company to the highest bidder.
$10 - $12 1/2/share is fine with me.

V.K