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

To: Spartex who wrote (24487)	11/24/1998 4:44:00 PM
From: ToySoldier	Read Replies (1) \| Respond to of 42771

Just finished reading the NR. Generally a very glowing report. I agree Quad that its great that they took advantage of the crappy market to buy-back their stock. Quad - Congrats to you as well. You also predicted .12! So now lets see what tomorrow will bring on the stock. I think that that NOVL recovery is OFFICIAL! Toy

To: Spartex who wrote (24487)	11/24/1998 4:46:00 PM
From: Jim Wojdak	Respond to of 42771

Revenues up Expenses down WOW what a way to end the year. Hopefully things will get a lot better.

To: Spartex who wrote (24487)	11/24/1998 4:46:00 PM
From: DJBEINO	Respond to of 42771

Novell 4th-Qtr Net Rises Fivefold on Strong New Product Sales Bloomberg News November 24, 1998, 1:13 p.m. PT Novell 4th-Qtr Net Rises Fivefold on Strong New Product Sales Provo, Utah, Nov. 24 (Bloomberg) -- Novell Inc.'s fiscal fourth-quarter profit rose more than fivefold, beating forecasts, as the maker of software to run computer networks saw strong sales of its newest products, especially Internet-based software. Net income for the quarter ended Oct. 31 rose to $42.0 million, or 12 cents a share, from $7.17 million, or 2 cents, in the year-earlier period. Novell was expected to earn 9 cents, the average estimate of eight analysts surveyed by First Call Corp. The company, which struggled as Microsoft Corp. moved into the market for network-management software, has bolstered revenue by shifting its focus to Internet-based products. Novell's new version of its NDS software to control data on networks is boosting sales, and three Internet-equipment makers recently said they'll make their gear compatible with NDS. ''The new products are making a big contribution'' to Novell's turnaround, said Joel Achramowicz, an analyst at Preferred Capital Markets, who rates Novell ''strong buy.'' Revenue rose 11 percent to $297.6 million from $269.3 million a year ago. It was Novell's second consecutive quarterly sales increase after more than a year of falling revenue. Novell, based in Provo, Utah, fell 5/8 to 17 3/8. The company reported results after the close of regular U.S. trading.