To: Don Earl who wrote (20105 ) 2/12/1998 1:45:00 PM From: Steve Fancy Read Replies (2) | Respond to of 42771
Don, PMFJI, but regarding earnings...I doubt they'll miss their mark, more likely they beat by a penny again through creative accounting. The company has a substantial historical trend of bad judgement and deceipt...as long as the current BOD remains unseated, I personally don't expect that to change. I believe it has all been coming from the top. Why do you think Scott Lemon no longer posts here? I believe the BOD didn't like the highly controversial issues he would involve himself in at times...they don't want investors to know the truth. I believe they know they can't afford any more bad news, unless the point here has been do drive the price down for a sell out to a selected company. Therefore, I believe they'll stuff the channel, kick up educational revenues...anything to avoid missing their number. In their mind they've got to get through the next two quarters without a massacre and then everything will be OK with Netware 5. This company cannot be trusted, and the smart money knows it. On a side note, did you ever check out TBR? I've done very well with this stock. On more than one occassion I've made the equivalent to my Novell losses in one day. TBR generally moves in at least a 3 point range per day, with a 10-12 point day every couple of weeks. I've been selling naked puts and in this one case, bought the stock. Also had some luck with CPQ and NVLS. Anyway, still holding out for the big Novell buyout. Seems likely to happen this year. I haven't seen many comments regarding the combination of Netscape and Novell, but sure makes me think back to the WP days. Good luck. sf