Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Don Earl who wrote (21109)	3/14/1998 7:07:00 PM
From: Spartex	Read Replies (1) \| Respond to of 42771

Don: Maybe news does tend to move NOVL share price slowly, but how the heck did the stock move ~25% in just one week following earnings announcement? I mean, yeah, I'd call that a significant price move and volume move too, and not chopped liver. The retracement we are seeing of 7% on lower volume may be related to the legal action, or just normal pullback after a runup, but I don't know. I'm just trying to keep your response balanced, thats all. I agree, having to restate earnings that look like IFMX or SIII could be ugly, and that would hurt the longs. Right now we are all speculating on what might happen. It would be nice to know if any experienced CPA types might be able to offer some clues. Any ex-Novell financial types familiar with this situation (past financials)? That could at least give us something to chew on (trade on). Otherwise, its a wait and see game. Regards, Quad-K

To: Don Earl who wrote (21109)	3/15/1998 3:34:00 AM
From: TTOSBT	Read Replies (1) \| Respond to of 42771

Thanks Don. I guess you got a handle on the situation. I am going strictly on gut feeling. But like you said in another message who will win between Microsoft and Novell? IBM! Well how will they, they would need one of the others product. I don't think they will get it from Microsoft. So Novell seems the logical choice for IBM and the internet. And like you said management at Novell hasn't a clue but IBM does. IBM been beefing up their stock price with their own cash. Once their mainframe business goes away where will they get new cash from? The service revenue will go with it the mainframe. They need new vast avenues to generate it. They once wanted Novell bad enough to offer them top dollar ($27per share I think) at one time. But like you said Novell management never had a clue on what the right decision was. I think Novell has too much influence from managers outside the company. That's where their hands are tied. I don't know how but IBM will get Novell. The question is at what price? and when? I see CFO leaving a company as a big big major negative. Don't care how slow a stock moves this is one of those things that make any stock move swiftly. Especially in light of a law suit. Since that didn't happen to Novell yet I view that as a strange positive. I think their is more than just the future earnings prospects of internet for Novell. Bears are staying away and bulls are staying put possibly arbatraugers playing the stock now. But like I starting out saying I'm nobody and nobody knows nothing. I just like to speculate. For what it's worth I was playing with May 10 calls but sold them all off Friday when I read that brief in the law suit. Just too negative looking for me. ttosbt