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: E_K_S who wrote (24290)	11/17/1998 9:27:00 PM
From: Frederick Smart	of 42771

Posted on Raging Bull..... As I said, I miss the counterpoint. Paul was a great weight on our collective shoulders. When he left this thread I took it as a bullish sign - same way I felt when Joe Antol left last Fall/early winter. We will have to find our next bear to gore....... The wall of worry is requirement before we can go higher. I noitced some of the old Novell bulls have also turned into "drag bears" over on the Raging Bull. By: Smartbandwidth Reply To: NoneTuesday, 17 Nov 1998, 9:10 PM EST Post # of 441 Yesterday...All My Troubles Seemed So Far Away...... Chicken Little???? By: Fiondella Reply To #13 by Fiondella Monday, 31 Aug 1998, 4:10 PM EDT Post # of 440 Those with profits in NOVL sell their stock! No surprise. If you check out DELL you see that anyone with any profits in the market is taking them today and getting out before there are none left! The depth of retail selling has yet to be gauged. If the public picks up their paper tomorrow after an overnight decline in Asia and Europe we may see another panic as we saw last Fall---a steep sharp drop of another large % on the opening. Where does this leave NOVL? For one thing it is still well above its 1998 low of about 7 but it hit the 9 1/2 level --- a major interim low that corresponds to an erasure of all of the 1998 market gain . From here down it is back into Novell's particular severely depressed territory, that is we start to eat away at all of the gains due to the real changes brought about by Schmidt at NOVL. Timing is important here but NOVL has good prospects of bouncing back if you can catch the falling knife.

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