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

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To: Joe Antol who wrote (9931)3/24/1997 6:38:00 PM
From: Janice Shell   of 42771
 
Go for it, Joe, but as you're doing it, give 'em a chance, okay? They do seem to be trying...

QDEK's been slammed, poor thing. Yes, it's true that last week (or the week before? don't remember) their TVI chart suggested (but on low volume) that they were accumulating. But then--have another look--they distributed very fast. We'll probably never know why.

NETM isn't, seems to me, doing much worse than usual. I did have stock in 'em once, lost money, but at least got out at 12.

The only hope for either is (sound familiar?) to be bought out. Otherwise it's Chapter 11 before too long.

Weird end to the session, no? Short-covering in advance of the FOMC meeting? Just in case?

Janice
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