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

To: Paul Fiondella who wrote (22475)	6/5/1998 11:46:00 AM
From: Rich Young	Read Replies (2) \| Respond to of 42771

I think it was closer to 13 1/2, Paul, but either way it was a bad move as the stock subsequently tanked to 7+. I hope their "investment" this time proves to be more successful. Rich

To: Paul Fiondella who wrote (22475)	6/5/1998 12:38:00 PM
From: Roger Lagerquist	Read Replies (2) \| Respond to of 42771

Your numbers imply a share price of 14 for Novell. It would take a share price of $14 for Novell to use up half a billion dollars buying back 35,658,600 shares. Using today's price of $11 or so, your figures are off by about $100,000,000. Or do you mean to imply that Novell will soon be trading at 14 and above? Please don't call me names if you disagree with what I've said.

To: Paul Fiondella who wrote (22475)	6/5/1998 4:07:00 PM
From: EPS	Read Replies (3) \| Respond to of 42771

I hate to call you on this but you are such a jerk Frankly I don't think that insulting people makes you look better or gives you more credibility. Just MHO. For example, 35*11=385, Error= 500-385= 115, In other words you were off by 115/385=.298%. Now the argument you gave computing using 1996 prices is, you should admit, not a very sound one. It is 1998 stupid! As usual I wish you well. I understand that you play cycles with NOVL. I hope you were not short right now..it would be a pity that all your knowledge is not useful to make money.. Regards VD