Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: john dodson who wrote (16462)	8/26/1997 5:51:00 PM
From: Don Earl	of 42771

Hi John, FWIW my guess is that it may gap up a little or open even and run up the first 1/2 hour. Anyone that bought NOVL over the last month is in the black and can start taking profits. I expect to see a rerun of the action when it hit 9 3/8 before earnings. Short term I think it's going down, long term I think it's going up. I think there will be some 1/2 point day trades in the near future. I may or may not play them depending on weither or not I think Clint has a bullet left. As usual my opinions are only opinions and subject to change without notice. I took a profit today on the theory that I wouldn't be interested in buying at this time at this price so it was probably a good time to sell. When it dropped 1/2 from the high it looked to me like the run was over. So that's the way I played it. Regards, Don

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