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

To: Steve Fancy who wrote (21379)	3/23/1998 9:01:00 PM
From: Don Earl	Respond to of 42771

Hi Steve, I think it was more that there wasn't really any new news. Nothing unexpected anyway. The MMs always have fun when there's a write up of some kind that gets a bunch of rookies to put in market orders thinking they will get to buy at the closing price. Suckers rally. Did you see the pop Banyan got out of the article? Up almost 30% at one point with book value at .11. The lemmings probably thought it was a better buy because they weren't being sued. Have mercy! I thought the PR on the speeds they're getting out of Java was interesting. From the write ups I saw on beta 2 it looked like they were having problems with it. That part should be good news. They confirmed end of April for the beta 3 release. No help for Q2 and it will be a tight squeeze to get it in the channel for Q3. I suppose they could do it if they have a real clean, bug free beta. Probably won't see any independent write ups on it until May though. The piece about their platinum resellers selling more NT than NetWare pretty much confirms what I said last summer when they came up with that lame "Live Leads" program. They're taking all their hot prospects and sending them straight into the arms of Uncle Billy. Novell is still brain dead stupid in the marketing department. If they couldn't get a boost in sales from Comdex I don't see where they'll get one from Brainshare. Just more great technology they don't know how to sell. An 80% mark down on NDS for NT didn't strike me as very bright either. The folks that have been paying $35-$40 probably feel like real chumps right about now and everyone else will wait for them to give it away for free. Kiss .02 goodbye for this quarter. There I go being negative again. I guess I'm just annoyed because if Schmidt had done something smart about the marketing problems a year ago this stuff would already be trading at $25 per share. Regards, Don