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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: E_K_S who wrote (8612)2/28/1997 4:00:00 AM
From: Ghassan I. Ghandour   of 42771
 
Eric S - The company I talked about is VICR. I have been following this company for five years, now. I have no position in it today but I am looking for a dip to take a position. Instead, I bought SIII three weeks ago at exactly 16 and it went to 19 a week ago. It is back to 17 3/4 but I have a target on it over 23 in one month or two (best graphic company around). All yesterday I was travelling and could not check the market or the posts on this thread. I see NOVL did not do very bad, considering NASDAQ down almost 30 points. I still have my 400 shares of NOVL (I own much much more BORL) at a cost of 10 1/2. I was sorry I didn't buy another 600 shares when the stock was under 10. I will be a buyer of NOVL as soon as the stock stabilize after this turmoil. I would have acted exactly like you if I had enough shares to make it worthwhile. Regarding this little rebelion (oust the BOD) I have been silently on Salah's side. I don't believe in rocking boats, and being still above water (with such a small number of shares) I am not concerned about NOVL but I understand other people frustration. Another stock I have is CYBE (I trade 1000 and keep 1000 fixed). I recommend this stock to everybody as I like the company and find its management smart. Best regards ... Ghassan.
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