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

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To: E_K_S who wrote (9237)3/12/1997 9:51:00 PM
From: Paul Fiondella   of 42771
 
I love the optimism here

Did anyone ever consider that this stock has no good news to support the share price anymore?

I think we are firmly into the short cover territory.

Enough people have figured out that you can buy in this low range and sell before earnings or news about a CEO a couple of points higher to make a quick buck.

But what happens when people understand that the range is moving lower. Then its sell sell sell.

I just feel the pain coming Eric.
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