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

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To: Stuart Knapp who wrote (3848)9/24/1996 6:53:00 PM
From: Jean Sutherland   of 42771
 
Anyone got a valium? Anyone?

Stu, Stu, Stu...I hear you, but let me give you my outlook. A long time ago I gave up on the technical aspect of this stock. Now I see a pattern. For six weeks after earnings are announced (whether they are good or bad) the stock goes into the dumper. Then for the six weeks before earnings are announced the stock goes up. Just make sure you sell just before earnings are announced and buy 6 weeks after. So far in the last 4 quarters this has been the pattern. You are now coming to the end of the six week period, so the worst is over. Now for the next six weeks watch the ride up. Trust me on this...it will happen. Has anyone else out there seen the pattern??

I look for the stock to close at 14 1/4 the day before earnings are announced.

Jean (who does not have to take valium anymore :))
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