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

To: Paul Fiondella who wrote (22442)	6/4/1998 9:11:00 AM
From: Spartex	Read Replies (3) \| Respond to of 42771

Paul: I feel Preferred Capital was way off to begin with, and I doubt the large institutions have put faith in their numbers. I'm looking more for 6-7 cents next quarter, and 8-9 cents in the 4th Quarter. So at this point, their 3rd Quarter numbers still looks too rich to me. Even with their revised numbers, Preferred Capital has 1998 annual earnings estimates at 30 cents for Novell, while I believe First Call has them at 22 cents. So I guess this group appears to be overly optimistic in their forecasts. Heck, even a small fry like me wouldn't have put out such rich values after looking at the companies recent revenues. Thanks for the input. Do you have the URL on this? Regards, QuadK