Novell (NOVL) dirt cheap, good buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ghassan I. Ghandour who wrote (4337)	10/29/1996 3:02:00 PM
From: vinod Khurana	of 42771

Ghassan...scared ? Well excuse me my friend. . The stock market in general is up over 15%. . Tech. stocks were at a new high last week. . The correction many have been expecting has not even started . year end tax selling has not even started yet and NOVL is one candidate for some heavy selling to offset gans made in other stocks . NOVL is down over 50% in the last year and who knows where the bottom is ? Can you imagine the likly scenerio....U.S elections are over and the market corrects ? Add to that sell orders for tax purposes and we could have the stock below $9. Nobody cares if it closes at $10 today. What about the month of December ? Perhaps NOVL will be a good buy if it closes at the low by Dec. 31. Then it has the potential to rally 20% going into 1997. V.K

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next