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

To: Bob Howarth who wrote (21620)	4/10/1998 12:10:00 PM
From: Joe Antol	Respond to of 42771

Well Bob: I've said THAT too (many, many times). I told THAT reporter and a couple of others, it's the "sell through" that counts. I challenged them to "ask" Eric what the sell through was. In particular The one that will write the column on the lawsuits in the Monday edition of PC Week (Claudia ... I can't remember <g>), I said --- "did you ask them what the sell through was?", she said yes, but they refused to give an answer. I said they won't EVER answer that question. So yeah, I agree with you also (argreed -- past tense <g>), but when things were "hopping" the shareholders were looking for ANYTHING to boost the price. Like I said, the "numbers" will tell all, not the warm, fuzzy writeups and interviews. The "numbers" will tell all. THAT's the bottom line. Regards, Joe...

To: Bob Howarth who wrote (21620)	4/11/1998 8:56:00 AM
From: EPS	Read Replies (1) \| Respond to of 42771

>>I think it is a waste of shareholder money to buy back shares. I want EARNINGS. Use the money to get those earnings up. Only when there is strong cash flow (like IBM has) should the company massively buy back shares, like IBM does. I hope this is soon >>> Whatever else NOVL is trying to do I guess that the main objective of NOVL should be to give maximum possible returns to its shareholders. Now at this point in time NOVL is asking investors to step in and buy its shares while itself keeps 1 bill of reserves in the bank? Investors are skeptical. Does the company fear for its viability? Does it expect to buy its shares cheaper in the future? A timely announcement could do much to restore confidence and give momentum. The buy back does not have to start tomorrow! One more thing and I believe that what I will say next is implicit in sentiment expressed in this thread: as much as I like Dr Schmidt as a technician and software guru I would love for him to have at least: financial acumen > 1/3 * (technical acumen) Victor