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

To: David O'Berry who wrote (25460)	2/15/1999 8:56:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 42771

Novell, Inc.**(NOVL-Strong Buy-$18 9/16) Investor Suitability: Growth We are initiating coverage of NOVL with a Strong Buy rating and a 12-month price target of $25. We believe that under the stewardship of a new management team, the company is engineering a solid turnaround and is well positioned to resume growth in revenues and earnings. We are projecting FY99 EPS of $0.48on revenues of $1.23 billion and FY00 EPS of $0.58 on revenues of $1.4 billion. NOVL is an industry leader in the rapidly emerging market for directory enabled network services and possess a strong new product pipeline, which we believe positions the company to regain market share and growth. ( Vivek Rao )