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: Steve Fancy who wrote (3767)	9/19/1996 5:08:00 PM
From: Ghassan I. Ghandour	of 42771

As I kept saying, NOVL will not close under 10 anytime soon. It would take a bad earning report (next one) to do so, if at all. I am betting with my money it wont. However, we are not out of the wood yet, even though the volume was a healthy one today. It would have to break the minor resistance at 10 3/4 and the more serious one at 11 3/8 for a rebound to be convincing. Only then it may go to 12 5/8 to 15, i.e. the range where V.K. wants it to reach. By that time, however, V.K. would be looking for 17 1/2 to 22. Good luck!!! Ghassan. P.S. It is not true that I stopped reading V.K.'s posts. But, I think he knows that.

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