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: Don Earl who wrote (14942)	7/26/1997 10:03:00 AM
From: Paul Fiondella	of 42771

Don everytime I hear that voice of long lost hope I..... An 1/8 of a point above 7, right after Schmidt meets with analysts... Try your charts against the pattern that develops before every end of quarter. Exclude the last one. I wouldn't dismiss the short info so flippantly. Its a factor. Here is another one. Back in May the stock retraced its movement from its low to about 8 1/2 in short order. On the next pass down it came back to 7 1/2, also relatively quickly. This time it has struggled forever to get through 7. It hasn't held above 7 for any length of time. I would be interested to know your analysis. ============================================= PS Yes its wonderful to see Schmidt's confident smiling face. I like the guy. Yes a successful product...etc. yes. But where is the money? When I hear the press saying turnaround (Yes folks search for that magic word) at a statistical rate above noise level, then I'll try to become positive.

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