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To: JeffA who wrote (60249)3/9/1999 8:39:00 AM
From: Panita  Respond to of 119973
 
Morning. NAVR had an interesting day yesterday. After breaking barrier on Friday it bounce big yesterday from 11 1/2 to close at the high of 14 ( it shows 13 3/4 because someone who is probably short placed a small order below bid/ask of 14 - we all know this is BS)on pretty good volume.

It will be interesting to watch NAVR today and tomorrow last time it went from 12 to 18 is two days; perhaps we could see the same here.



To: JeffA who wrote (60249)3/9/1999 8:46:00 AM
From: Mr. Stress  Respond to of 119973
 
Just had to highlight this paragraph from the NOVL release:

1) If Novell's future is so bright, investors are no doubt going to expect a huge premium.
Though the company's shares have doubled since Schmidt's arrival, he has set his sights
much higher. Barron's posited that the stock could zoom from the current $20 to nearly
$80 later this year. More likely, Novell shareholders would be grateful to be taken out
at $40.
That $13.5 billion price tag would likely be an exchange of stock since HP only
has $4 billion in the til. That price would not badly dilute HP shareholders since the
company's market cap exceeds $70 billion.