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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Yaacov who wrote (11277)4/16/1997 7:52:00 PM
From: Jack L. Dlugach   of 42771
 
Earnings reports have been beating the estimates so it's the old
"buy on the rumor, sell on the news" by the look of the techs. It
takes awhile for the Street to decide whether good enough is or not
so that'll probably come about when we see a few more of these good
earnings reports and estimate upgrades.

CPQ and DIGI beat the estimates today, ML upped INTC to $11.20 for '97
and hopefully NOVL will come in at or above target...then it'll be
smooth sailing.
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