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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: dwight vickers who wrote (8028)2/18/1997 10:24:00 AM
From: Matthew Leo   of 42771
 
Hi Dwight - Essential Novl Uptrend still intact

I still see next (if/when we get past this quagmire) major
Resistence @ about 15 - Support now @ 11 3/8

Observations -
1) You would have to go back to last Quarter 94 through last Quarter 95 to see a Novl chart this good.
2) All traditional charting methods looking positive (buy) in most time frames (daily through weekly) - even micro charts look good (tick, etc.)
4) Large block trades still for the most part are buys - some selling above 12

Bye - Matt
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