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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: SmokeyJoesMa who wrote (31707)5/18/2000 6:23:00 PM
From: Captain Jack  Read Replies (1) of 42771
 
Smokey-- I'll avg down but only if it goes much lower as I expect it. Only to hold past the wash rule and dump it all,, probably still in the red.
I would certainly not make a major purchase from them at this time unless the price was considerably lower than everything else. Nothing to do with the products. Their financials indicate they NEED the business, besides who might I be dealing with down the road as those same financials -- if they continue another couple qtrs as mgmt indicated -- show no reason why the company should remain independent.
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