Hi Steve - Are you still in the game?
I sure hope the new guy (Messman) can pull it off but Novell just might be an impossible task for anyone.
The Q4 earnings report, scheduled for November 29th, will be a good indicator of how far down this stock can go; it's already exceeded my worst nightmare.
The stock has continued its downward trend even in light of glowing awards, news reports, and contracts. One would think that Novell would be a takeover target at these prices but it may not be appealing at any price.
Good luck on your investments.
Best regards, Elmo |