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

To: Spartex who wrote (25017)	1/15/1999 5:56:00 PM
From: Loring	Respond to of 42771

Paul: NOVL is a plumbing company. That's how it makes its money and produces earnings. ( Amazon.com doesn't make money, never has and it's questionable if it ever will.) For NOVL to shift strategy to build a consumer product on top of its core business would seem cavalier at this time. They need to show solid growth in earnings and a stick-to-it-tive-ness that reassures the market that this turn-around is for real. There is a place for a solid company that provides good products for the corporate and small business market. I can see NOVL trading at $50-$60 by year-end. A very good return for us investors.