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

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To: Gerald Herbel who wrote (16099)8/22/1997 1:34:00 PM
From: Ken Renalds   of 42771
 
Caution to All: Remember last quarter when there was tremendous disappointment in the Q2 earnings report - everyone thought the stock would open the next day at 6 but there was tremendous relief when it held the line in the 7 3/4 - 8 range. Later in the coming weeks it eventually weakened and slid to 6 9/32. Just because it is holding the line today doesn't mean that there will not be a "repeat" - Novell's history does appear to be circular. "Next stop, Willoughby" - Twilight Zone reference.

Good luck to all.

Ken
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