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

To: Serendipity who wrote (20755)	3/6/1998 12:51:00 PM
From: Steve Fancy	Read Replies (3) \| Respond to of 42771

>>Stellar earnings report, for this writer is one that surprises to the upside. Novell beat estimates by 100% and price has responded. That is enough for now...reduced revenue is not important in the early stages of a turn around. The market seems to be taking the same view or else the price would NOT go up...However, once the price adjusts to these new numbers, it will then look forward and Novell must produce again... I can NOT project sales or earnings, as some Bears are demanding from Bulls? Some capable and honest analyst may be able to, if management helps... I am an average investor. I do study the numbers and pay good subscription money for analyst's reports.<< I guess the problem I have in general is touting the company as the big turnaround story, when in fact, the increased earnings were simply a reduced tax rate and reduced expenses. There are a lot of lurkers on this thread...a lot of inexperienced folks with limited funds looking for that cheap stock that will change their life. To imply that the latest earnings supports a turnaround is hype IMO. >>What data Steve? In which post of mine? When and where? If you have mistaken this writer for some else that is fine, there are too many posts to read. But if not, please post here for everyone to read about what I have made up...<< Seren, it was the one sentence regarding stellar earnings and all the awards...read like hype to me. >>The past of Novell, which you and others on this board know better then I, is not relevant anymore. << IMO, this is not true, and the gist of my point. The root of the problem, the BOD is still in control, and shows no signs of letting up. The BOD runs the company, not Eric Schmidt IMO. The issue really boils down to money, and the current bulls (I don't consider myself a bull or a bear) have called it right...nice increase recently, and nice calls by yourself. IMO there is absolutely no fundamental reason for the recent price run up though, and it's very important that the risk of this investment be kept in perspective. The incompetence that put this company where it is, largely remains. Based on the secretive mode with which they operate, and many current situations where judgement is questioned, I feel they have this company on a disaster course, where sooner or later they will be forced to sell the company. I just hope it happens before there's not much of value left. I expect the stock will fall back quickly as volume decreases over the next week or two. Looks like we peaked at 11 something to me. Appreciate the response. sf

To: Serendipity who wrote (20755)	3/8/1998 10:16:00 AM
From: Ally	Read Replies (2) \| Respond to of 42771

Hi, I've been thinking about buying into NOVL this past week and started cruising this forum to read opinions. Share your thoughts on the trials and tribulations of investing. Just wanted to say, don't worry about people who may make personal attacks on one's good intentions. Happens everywhere. We need experienced investors like you who are not afraid to speak their minds on their personal views of a stock. After all, that's what we (real investors) are looking for when we visit cyber forums. Regards, Denise