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


To: Salah Mohamed who wrote (20318)2/25/1998 7:00:00 PM
From: agiak  Respond to of 42771
 
Where did you start to short this stock!!!
Its obvious you are not long.



To: Salah Mohamed who wrote (20318)2/25/1998 7:55:00 PM
From: Ghassan I. Ghandour  Read Replies (1) | Respond to of 42771
 
Your points about declining revenues is quite valid, superficially though. I really don't care about declining sales in NW. I regard NOVL, as the CEO keeps reiterating, as a future internet play and much better than Netscape at that. I am more interested in how the new products are being received. The services related products and internet-Java related (not even NW5). With $3 in cash, the stock stands now at $6. I know many companies who lost money throughout the past year trading at this level. BORL for instance is trading above $9 and profitability so far was achieved mainly by cost cutting. The premium is based on the fact that the CEO has vision. In both cases (Novell and Borland) the CEOs are trying to stir the company into new waters where they can perform better and co-exist successfully with Microsoft. Next resistance to break is at 9 5/8, and this should happend soon. Ghassan.



To: Salah Mohamed who wrote (20318)2/25/1998 8:50:00 PM
From: Joe Antol  Read Replies (1) | Respond to of 42771
 
Salah: Thank you. Oh, I "know" you're serious. And, I am also. As Don Earl said in his response, which, by the way Don, was an excellent response IMO, this is a "trading stock". I don't know how to do that Salah, (trade - successfully, that is). That's why I got out on 11/24/97.

I wish all of the longs the very best with thier investment in Novell, and I sincerely hope they pull it off and become a value oriented growth stock once again.

Thanks again Salah,

Regards,

Joe...

PS: To: agiak, trust me, Salah is not shorting Novell. He never did, and he isn't now. Nor am I. FWIW. Just keep watching it day by day, tick by tick from now on and you'll understand ... (eventually...) "who" is "really" running this company.

I'll shut up now, as I don't want to waste other folks bandwidth.

Good luck.