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

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To: Joe Antol who wrote (11482)4/23/1997 10:19:00 AM
From: jim A   of 42771
 
I guess my prediction of yesterday unfortunately
materialized: $7. This could markt the beginning
of the end for NOVL, and we may never see $10.
In fact I now predict NOVL will bottom at around 5, and we should see a buyout in the 8-10 range by the end of the year.
NOVL many times said it was comfortable with 0.80 for the year,
and now this. I see class-action suits to follow, that will put more pressure on the stock.
The volume pick-up yesterday to 3.5M was an indication that something
was up and many knew.
I'm out on any quick spike up.
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