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 (6218)	12/26/1996 5:51:00 PM
From: dwight vickers	of 42771

Eric, Agree with the double bottom, would be nice to have it be a higher one. Agree with scenario of MM, and he is already making money on any "offset" puts as I said before. Those guys only need a small profit to make a fortune. Seems like they always know where the stocks will bottom. Not genius or coincidence in my opinion. Agree with the Mutual Fund Mgr. activity, too. And really have to agree with the correction likelihood. Now unless this bull is to go for a long time yet, I think the final blowoff will come before the first leg down. Hard to believe you can end the biggest bull in history without a good old fashioned screaming exhaustion top. Now from 6500 where does that go? 7000? Hardly a huge move. 8000? Could happen in a week or two. Then with predictions of 10,000 ringing in our ears the bear begins to growl. And everyone is a long term holder, buying on weakness! Dwight

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