SI
SI
discoversearch

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: Kevin Millecam who wrote (20266)2/24/1998 6:55:00 PM
From: David S. Lowry, CPA  Respond to of 42771
 
Conference Call. Does anyone know the number?



To: Kevin Millecam who wrote (20266)2/24/1998 7:12:00 PM
From: M Goodson  Read Replies (1) | Respond to of 42771
 
AFTER THE BELL -Intuit falls on Q2 results (but Novell rises)

NEW YORK, Feb 24 (Reuters) - Shares of Intuit fell 5/8 in the early after-hours trading as the software company reported pro forma earnings that fell in line with Wall Street estimates, traders said.

The company reported earnings per diluted share of $0.85 compared with $2.44 a year earlier. Pro forma net income was $0.95 per diluted share, just over the First Call consensus earnings estimate of $0.94 per share.

Intuit's shares traded at 49-1/4 around half an hour after the bell, down from their unofficial close of 49-7/8.

Shares of Novell Inc (NOVL - news) traded at 9-1/16 after regular hours, up 5/16 from their unofficial close of 8-22/32. The software company appeared to beat the First Call consensus earnings estimate of $0.02 for its first quarter, posting income of $0.04 per diluted share compared with $0.15 a year earlier.



To: Kevin Millecam who wrote (20266)2/24/1998 7:43:00 PM
From: Don Earl  Read Replies (1) | Respond to of 42771
 
Hi Kevin,

Well, the long and short of it is that it's a report that would annoy anyone that is long or short. Leave it to Novell to have a negative revenue surprise and a positive earnings surprise at the same time.

"Sheesh..." is right. Looks like it's going to be an instant replay of last quarter.

Regards,

Don