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


To: Wallace Rivers who wrote (23537)8/21/1998 8:58:00 AM
From: waldemar cyranski  Respond to of 42771
 
8:45 a.m EST, CNBC announces Novell "better than expected" 07 cents earnings....finally, sweet words to the ear from the babbling network of talking heads!!gggggg



To: Wallace Rivers who wrote (23537)8/21/1998 8:58:00 AM
From: Al Stutchbury  Read Replies (1) | Respond to of 42771
 
Buyback Details

"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. "