Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Matthew Leo who wrote (19871)	1/29/1998 4:54:00 PM
From: Joe Antol	Read Replies (3) \| Respond to of 42771

Hi Matt: OUT. As true to my word (if you recall, I said I would not own this stock in 1998), and I don't. I got out the day of Q4 earnings at 9 3/8. I ended up with a tax loss on the first position(s) of the 13K I sold (wash), and a very small profit on the remaining 3K I held in November. Net? = lot's of lost opportunity costs. I've been watching it since to try and "figure out?" an entry point, but I can't figure it out. So, in the interim, I figured it might be a good thing to increase my positions in CPQ, and buy into ORCL (at 19 and change) while I wait. I was also tempted to nibble at COSFF, but ... well... if you follow that one, well, ... I haven't done that either. ORCL & NOVL? I still think NOVL wants to do it on their own. I still think if they got rid (or reorgd) the BOD, they might stand a chance, as well as if they DID in fact reorg the BOD, that in and of itself would cause a big spike. The industry and street are watching NOVL. That's all I see right now. As you know IBM is more concerned about market share in PC's and the CPQ/DEC thing right now, and a big alliance is in the making between CPQ/DEC/INTC/MSFT, and I gotta believe ORCL doesn't want to 'buck' that combo. So, I will still just wait and watch NOVL for an entry point. That's where I'm at now. Regards, Joe...<except like I told Paul, that damn DELL, sheesh, how high can it go??????> PS: Oh yes, I still hold MSFT (through the 3rd split now <g>).... PPS: You can also look for more personnel actions at NOVL also.