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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Joe Antol who wrote (19490)1/9/1998 9:38:00 AM
From: Spartex  Read Replies (1) of 42771
 
Joe:

While I'm not IT or systems analyst person, my feeling on ORCL is that it is in nearterm trouble, as forward looking earnings are very much weak. On a technical basis, the company has be severly damaged and bruised. I would agree that it will come back, but it will take time so unless you have any better (hotter) prospects, ORCL money may be stuck in mud for a while. Get back into NOVL now, since its already paid the price, and its next in line for a recovery. OK, I may not convince you, but you'll see in a few months, if not by the end of this month.

Regards,

Quad-K
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