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


To: Spartex who wrote (23358)8/3/1998 6:49:00 PM
From: DavidD  Read Replies (1) | Respond to of 42771
 
Finally, talk about valuation!

Nobody responded to my question 20 or 30 messages ago about franchise value? What is NOVL's installed base worth? What would IBM (or MSFT - if it wasn't a anti- trust issue) pay for that?

Also remember that you can subtract the $3.07 in net cash per share from your purchase of NOVL stock to get your "true" cost. If your in at 8, it is really like paying 5 (according to pro's like Peter Lynch, etc.)

Third, I wonder if Comdex will have an effect of NOVL's stock. My guess is they will wait until then to announce anything really big.

David