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


To: Frederick Smart who wrote (23527)8/20/1998 5:45:00 PM
From: Spartex  Read Replies (2) | Respond to of 42771
 
news.com

Novell beats the Street
By Ben Heskett
Staff Writer, CNET NEWS.COM
August 20, 1998, 2:05 p.m. PT

<<Networking software player Novell beat analysts' estimates for its fiscal 1998 third quarter by a cent, buoyed by strong third-party sales and sales to large accounts.

The company reported net earnings of $27 million or 7 cents per share for the quarter, compared with a loss of $122 million or 35 cents per share posted for the same period a year ago. Consensus estimates from First Call had pegged the company's earnings at 6 cents a share.>>

I guess that IBD's listing from 7 cents to 6 cents consensus last July was linked to a change in First Call's estimates. Otherwise, some news reports mention met, this one beats. Either way, the earnings report speaks for itself.

Hey Fred, has Novell ever approached you to be one of their strategic and lead marketing gurus? ;-)

Regards all,

QuadK



To: Frederick Smart who wrote (23527)8/20/1998 6:00:00 PM
From: Spartex  Respond to of 42771
 
news.com

Bloomberg News
August 20, 1998, 1:04 p.m. PT

Microsoft's Delayed Release of NT 5.0 Stands to Benefit Novell