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Technology Stocks : Novadigm - Opinions and Knowledge Welcome...

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To: Bill Codey who wrote ()10/23/1996 2:50:00 PM
From: mike fredricks   of 135
 
bill,

i am also a holder of novadigm.
i bought this at its ipo price and sold it in the mid 20's.
as i watch it fall i bought some again when it hit 9 and sold again at 11. recently i bought it again at 9.25 and when it fell to 5 i got worried. i think it is a strong company. if you would have bought it at 5 a month ago and sold today at 8.5 you would have realized a 70% gain. my advice is to buy some more on the dip down. it is in a definite up trend since it hit its low.

the company is on a massive publicity tour promoting its EDM software. it is hitting all the major cities ie. new york, l.a., chicago, atlanta etc. i am going to the one here in miami nov 6. i am positive on the stock to go up. i don't believe it will hit the 20's this year but that is my opinion. think about averaging down. it will hit the teens soon and the product is great and outstanding shares are not that much so possible takeover.

if they were really hurting they wouldn't be on this publicity tour andan insider tip for you. the company authorized the purchase of 500,000 shares for this year and have not finished buying them back.

keep me updated and i will do the same.

mike
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