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

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To: Matthew Leo who wrote (14937)7/25/1997 7:29:00 PM
From: Don Earl   of 42771
 
Matthew,

Everyone is probably getting tired of my amature technical analysis but the bar chart for the last 2 weeks looks like the pattern they draw in the books to show what a bottom looks like. It's perfect. From the stuff I've read it is considered one of the strongest patterns there is and precedes a sharp increase in price. I think I've read every article posted on this thread for the past 4 months and in my opinion Novell has made some serious progress in laying the foundation for a turn around. I don't think everything is all better, but I do believe they are heading in the right dirrection. I'm still down about 7 grand but I feel better about owning NOVL than I have since I bought my first shares.

Regards,

Don
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