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

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To: Don Earl who wrote (15778)8/18/1997 3:09:00 PM
From: vinod Khurana   of 42771
 
Hello Don,

The gaps left behind many years ago in my opinion don't count much but those left behind within the past 6 months do and it is for this reason that I see NOVL coming back to fill them up. The gap at $12 7/8
is is not to old and still appears on the chart. For NOVL to fill this, they would really have to impress the street. Hoever on a technical basis, I can see the stock filling the gaps left back in March.

I am expecting the stock to begin trading in the range of $8 - $12 once again as it did for a few months when it fell from heaven.

V.K
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