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

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To: vinod Khurana who wrote (918)5/31/1996 12:50:00 PM
From: Steve Fancy   of 42771
 
V.K., Stuart, Larry - Thanks for the info.

Stuart, I emailed you about the Traverse City area.

For what it's worth, I have seen two analysts on CNBC Buy/Sell/Hold offer their feelings on Novell in the last couple of days. The first was Wednesday night, and despite the bad earnings he felt Novell was a short term buy - $18 range. Forgot his name, but have seen him several times before. The second was yesterday, (Joe Gruntal?) and he somewhat knocked Novell but left it at a hold (I never did like this guy).

How did the CNBC interview go? Somehow I slept through it. I noticed the stock seemed to hit a day high right about 9:30.

I was contemplating bailing out of my 1000 shares @13.5 today, but the talk here has convinced me to hold on at least another week. Might increase my call position today though. Thinking about NOV 15 or NOV 17.5.

Again Thanks,

Steve
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