Novell (NOVL) dirt cheap, good buy? Message Board

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

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To: Joe Antol who wrote (10549)	4/1/1997 5:29:00 PM
From: vinod Khurana	of 42771

Hello Joe, I visited your web page. Nice to know who I am corresponding with after seeing your picture. At this point in time, I am "num" on NOVL. Long a few hundred shares and short NONE. Why ? Because the stock price is too low. If it remains this low and falls a further $2, somebody could come in and grab it and hence shorting it does not make sense. On the other hand, I see very little upside for NOVL and especially in this market now that the correction has started. To me, NOVL looks like dead money. There are better places to park your $$$...like mining companies which corrected 10% in just the last week. I gave up on NOVL a loooooooooooooooooooooooong time ago. V.K

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