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

To: DJBEINO who wrote (23521)	8/20/1998 4:34:00 PM
From: Spartex	Read Replies (2) \| Respond to of 42771

DJ, Thanks for your quick work. Met what I expected, but we always like to see upside surprises. However, the trading in the past weeks suggested that the upside wasn't in the cards. Gosh, and they didn't even buy many shares back. Hmmm, what do y'all think about that? <<On June 5, 1998, Novell's board of directors authorized the company to repurchase up to 10 percent, or approximately 35 million shares,of Novell common stock over twelve months. In the third fiscal quarter,during the first few weeks following the authorization, the company spent approximately $12 million of cash to purchase and retire one million shares. >> Otherwise, looks like a solid report IMHO as you pointed out. Regards, QuadK