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

To: Elmo Gregory who wrote (24540)	11/25/1998 3:25:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 42771

Goldman Sachs upgraded NOVL from marketperform to market outperform, raised 1998 from 0.44 to 0.50

To: Elmo Gregory who wrote (24540)	11/25/1998 4:16:00 PM
From: Elmo Gregory	Read Replies (1) \| Respond to of 42771

Let me try that again. ------------------------------------------ Novell Board Authorizes Share Repurchase PROVO, Utah -- June 5, 1998 -- Novell, Inc., (NASDAQ:NOVL today announced that its board of directors has authorized the company to repurchase up to 10 percent, or approximately 35 million shares, of Novell common stock over the next twelve months. novell.com ------------------------------------------- Apr 30, 1998 Weighted average shares: (x1000) Basic* 351,762 Diluted* 356,586 novell.com ------------------------------------------- Oct 31, 1998 Weighted average shares: (x1000) Basic* 345,871 Diluted* 354,105 biz.yahoo.com ------------------------------------------ Apr 30, 1998 Oct 31, 1998 Difference Basic 351,762 345,871 5,891 Diuted 356,586 354,105 2,481 ------------------------------------------------ * The Company has always reported net income per share on a diluted basis. The calculation of diluted net income per share includes the effect of common stock equivalents such as outstanding stock options, while the calculation of basic net income per share does not. ------------------------------------------------- Basic or diluted, it still doesn't make sense to me. Comments invited. Elmo

To: Elmo Gregory who wrote (24540)	11/25/1998 4:36:00 PM
From: dwight vickers	Respond to of 42771

Elmo, I noticed it right away, and thought it seemed odd. Hopefully someone who is still a shareholder will be interested enough to get an answer. Thanks, Dwight