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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PJ Strifas who wrote (30203)	2/8/2000 4:16:00 PM
From: Paul Fiondella	Read Replies (4) of 42771

Watching NOVL --- hold most of its gain from yesterday NOVL closed 38 15/16ths down 1/4 on 8.55 million shares. Coming after yesterdays + 3 3/16ths move, the stock held off profit taking sales, closing the day on a move up. Looks phenomenally good to me. There is resistance at 40, probably due to the body of analyst opinion out there looking at 40 as a price target. Undoubtedly a good quarter for Novell, coming on top of the motherlode of all releases of directory based products, will cause numerous upgrades from analysts. If Novell were to beat earnings expectations and see any significant revenues from any of its new product lines then we enter new territory. There is just no telling what kind of break-out we would get to the upside.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next