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


To: EPS who wrote (26292)3/25/1999 5:05:00 PM
From: Loring  Read Replies (1) | Respond to of 42771
 
We do keep moving higher, both in the Internet playground and in stock price. Today's small downside move was minor, in face of the growth in short interest reported this morning.

NOVL has a lot on its plate, as Brainshare has demonstrated. There are many "shorters" who are understandably skeptical of the turn-around's ability to deliver. Moreover, as someone mentioned here, MSFT has yet to unload its anticipated barrage. We faithful see a strong management team who can deliver, and who is clearly ahead of the curve so recently dominated by MSFT.

We'll probably hang around the over-$25 mark until we get closer to May earnings report, IMO.