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

To: Steve Fancy who wrote (20115)	2/12/1998 5:22:00 PM
From: Spartex	Read Replies (2) \| Respond to of 42771

Steve: I think the street expects about 2 cents (give or take). I also thought you were still holding onto some old NOVL shares by what I read earlier and were hoping for the buyout to occur. Maybe I misread your words. But either way, technically NOVL is creeping up on stronger than usual volume, but not explosive volume. It seems to be a constructive creep after what Seren probably correctly said was a shake-out at 7 three weeks ago. Either way, those that got in below 8 at least have a little buffer between them and the news coming out on 2/24 so far. That helps, but we all want to see the hard evidence that will bring in the big sharks like they did with IFMX today. Regards, Quad-K

To: Steve Fancy who wrote (20115)	2/12/1998 5:51:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 42771

For you longs...a David Cass? analyst was just asked about Novell by a caller...he responded that high risk, but management has been working a turnaround and if successful stock may hit high teens and if not, downside about 2$...bottomline, good risk/reward ratio and they're calling it a buy. Offered FWIW and not necessarily my opinion. sf

To: Steve Fancy who wrote (20115)	2/12/1998 8:03:00 PM
From: George Papadopoulos	Read Replies (2) \| Respond to of 42771

"ps: As a side note, Schmidt has missed two out of three earnings so far. Missed signigicantly if I remember correctly. He can't miss this one, but then again I think he gave himself a lot of leway. Not sure what the street is looking for." Hi Steve, The first one was a setup (welcome aboard gift from Marengi). The second one, he tried, but I guess Tolonen gave him "misleading" numbers....it takes a while to learn the game, Dr. is a rookie CEO. The third one, Oh yes....Dr. is learning the game pretty quick, beats estimates 100% and manages expectations for the next qtr. My instict says Tolonen was given an ultimatum (Numbers or your ass)...his job is on the line....when the pressure is off accountants can do magic...and we all know how "quick" those auditors can be<g> I still don't understand why Tolonen is still there....but if he keeps coming up with nice numbers I guess he may get a bonus and a few extra stock options. Anything is possible in this world.....even USA beating Brazil in soccer! Adios