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

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To: Frederick Smart who wrote (30927)4/4/2000 4:21:00 PM
From: Spartex  Read Replies (2) of 42771
 
Interesting technical tidbits from todays market.

Naz traded 2.8+ billion shares, a new record from 2.2 bil range.

biz.yahoo.com

Naz came within 150 points of 200 day moving avg. near 3500
and rebounded strongly. (Scott L., I expected 3900 test, but knew that the hounds were smelling blood and might make a selloff to 200 day. ;-)

finance.yahoo.com^IXIC&d=3mm

and other interesting technicals by experts.

biz.yahoo.com

NOVL seemed to move with the nazdaq market today, and recovery accordingly.

Oracle just announced they are getting into caching. How will this affect/compete with NOVL? This is just a headline.

biz.yahoo.com

Time to take the seatbelts off and cool down. =;-)

QuadK
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