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: Paul Fiondella who wrote (15153)	8/1/1997 1:29:00 AM
From: Nadim Mando	of 42771

Paul, I was out of town for 2 days. I am trying to catch up with all posts and NOVL stock @&&^ moves. - So who made money on NOVL ? We all did. Myself, you and JOE :o} But then, it is not as much as if had bought DELL, CPQ, FORE..... - Well this stock is driving me crazy. Before I went out of town on tuesday, I saw the volume pick up at the open. So, I was suckered into the stock. And I am still hanging on to my position. So now, 1/2 of my profits are now down the drain unless a white night would like to save us!! - One good sign today, we did hit 7 1/2 and we bounced off ( by a bit) to a higher level. I should have sold today when it broke 7 3/4 ( resistance on monday). - I can't believe you and Joe are still hanging on to the shares you just bought ~ 6 3/4. But then look who is talking..... a suffering new long :o) - So where do we go from here ? 7 1/2 is our support, 8 is our resistance. If we ever break support... I am done... I will take my loss. Otherwise, I will hang on. I think a lot of momentum players may play the stock soon since we are sitting on 50 MA support. I still have to look at the charts. Good luck Nadim

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