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: Joe Antol who wrote (15771)	8/18/1997 12:28:00 PM
From: vinod Khurana	of 42771

NOVL gaps to the upside...we have plenty left to fill. 1. Gap @ $9 1/8 - $9 3/8 left in the week of Apr. 21. Filled last week. 2. Gap @ $9 7/8 - $10 left in the week of Apr. 7. 3. Gap @ $10 - $10 1/4 also left in the week of Apr. 7 4. Gap @ $10 3/4 - $11 left in the week of Mar. 23 5. Final and biggest gap @ $12 7/8 - $13 left in the week of Mar. 24 On the downside, I see major support at the $7 1/4 - $7 1/2 level. If NOVL does not drop a bombshell on us which I doubt very much given the new leader(s) at the helm, we could see a jump to $10 anyday now. The Barrons article reported NOVL earnings to be reported on Thursday with the general concensus showing a loss of $0.15/share as compared to a $0.17/share profit for the same time last year. With some luck, the loss will be less than the street estimate and we will see the stock jump to $9 1/2. V.K

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