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


To: ricky who wrote (27034)5/26/1999 8:44:00 AM
From: Spartex  Read Replies (1) | Respond to of 42771
 
NOVL showing bids of $24 3/4, up 1 pt from yesterday's close in pre-market. Vol. a modest 66,900.



To: ricky who wrote (27034)5/26/1999 1:53:00 PM
From: PJ Strifas  Respond to of 42771
 
Exactly!

Novell trades on it's fundamentals/earnings not on the same type of hype that Yahoo or Amazon trade with. This is very big because of several key factors...

1) the new rulings by the accounting standards body to do away with certain "loopholes" these internet stocks have enjoyed these past few years.

2) the realization that market share really means short term gains but not necessarily long-term revenue growth.

The companies I like to watch are NOVL, IBM, LU, NORTEL and AOL. We'll check them next year and see how I do :)

Peter J Strifas