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

To: Anaxagoras who wrote (24528)	11/25/1998 8:57:00 AM
From: Anaxagoras	Read Replies (1) \| Respond to of 42771

This morning Goldman Sachs upgrades NOVL from Mkt Perform to Mkt Outperform. <eom> Anaxagoras

To: Anaxagoras who wrote (24528)	11/25/1998 9:05:00 AM
From: Anaxagoras	Read Replies (1) \| Respond to of 42771

There's another write up this morning over at Briefing.com, however I don't know if you'll be able to access it without a subscription: briefing.com Pretty much the same thing as other stories. Here's a slight difference: <<NOVL is not the company it used to be, but then, neither is the price you have to pay for the stock. The shares went over 34 in 1993, and fell to 6 13/16 within the past 12 months. NOVL stock has now firmed steadily the past two months, and has formed a nice base. NOVL stock is not cheap, and even annualizing the current 12 cent profit this quarter still gives a price/earnings multiple of 36, but there is solid growth in the business right now, and momentum in the stock price.>> Anaxagoras