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


To: Brian Malloy who wrote (27052)5/26/1999 8:42:00 PM
From: Paul A  Respond to of 42771
 
Yeah, guess your probably right.. This stock makes you earn every 64th you gain..

Alot of people bailed very low out of sheer anger.. NOVL is one of the few stocks I actually have to hold and forget about.. Otherwise its impossible.. Just count on 2-4 points rise each quarter, relatively modest drops if the markets correct...

like they say- 'watching paint dry' heh...

good luck all...



To: Brian Malloy who wrote (27052)5/26/1999 9:59:00 PM
From: WebDrone  Read Replies (2) | Respond to of 42771
 
Well, I'm not upset with the price. My amateurish comments:

I bought half of what I wanted, just before earnings. I listened to the CC. I'm moderately technical, but I'm still trying to figure most of the products out. Here is what I heard:

1) Netware is for real. It's being accepted at the large scale, and is being adopted by smaller operations. ( expanding customer base, IMO.)

2) The other products are not chopped liver, either. By a long shot. New products coming, too.

3) Next quarter should be great. While you never know about Y2k slowing IT spending, it hasn't hit yet. Dennis (or Eric, I forget) hints that the year's projected earnings were conservative in that they accounted for a substantial y2k negative impact they are not seeing (yet?)

I'm convinced the company has made a major turnaround. It takes a long time for "the street" to believe.

WebDrone
(sheesh- I really like this company. Easy to hold.)