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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Joe Antol who wrote (8242)2/21/1997 10:52:00 AM
From: jim A   of 42771
 
Even after yesterdays big tech selloff, and todays early
decline, NOVL has held its own, although on much lower volume today.
This stock is ready to run quickly up or down a few points.
Rememeber the most accumaulation in the last 2 weeks has been in the 12.5 range. Earnings will dictate the trend for the next few Qs.
If they can beat eastimates by .2 or .3 we may see a run to 15.
look for 10 if they just meet/disappoint.
The next few days should be very interesting.
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