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: DJBEINO who wrote (30483)	2/23/2000 9:10:00 PM
From: Axxel	of 42771

Here's the guts of the AXXel buy rec-FYI: We are recommending the immediate purchase of Novell [NOVL-32 1/4] at current levels and very aggressive purchase in the event of any break below $30 [which we rate only as a 20% possibility]. Our VTAR ["Volume Trade Analysis Research"] price objective is about a 50% premium above recent high of $42 « giving us an 18-month price objective of $62. There is in our estimate about a 40% probability of attaining this level sooner than 18 months. The stock has a very stable base in the mid-20's and this propelled an attack on $40 which, it can be seen did not hold. This is not unusual particularly in view of the strong advance out of the twenties. ------------------- This report or comment is published solely for information purposes. It may be a part of a published research report of www.tradingweapon.com and Platinum Equities, Inc. It is not to be construed either as an offer to sell or the solicitation of an offer to buy any security or the provision of or an offer to provide investment services in any state where such an offer, solicitation or provision would be illegal. Any opinions expressed herein are statements of our judgment on this date and are subject to change without notice and we may not update that change to you. Platinum Equities, Inc., its affiliates and subsidiaries and/or their officers and employees may from time to time acquire, hold, or sell a position in the securities mentioned herein although Axxel Knutson does not hold any position long or short in any of the stocks that he speaks about. Nor does Knutson, or Platinum, accept fees or securities in any stocks that he speaks about from any public company. Additional information is available by requesting the Newsletters of AXXel by dropping your email address at the following web site: www.tradingweapon.com The newsletters are without charge of any kind and we suggest that you read the disclaimers that are an integral part of the letters. Platinum and tradingweapon.com are located at 80 Pine Street in NYC. TEL: 800-696-9002. NASD and SIPC member. Platinum clears its securities transactions through RPR Clearing [Dain, Rauscher]. Manage the risks?the profits will take care of themselves and the absence of diversification and the use of margin to "position build" is nuts.

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