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

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To: Vip who wrote (16109)8/22/1997 4:20:00 PM
From: vinod Khurana   of 42771
 
What a day !! The stock closed at its highest level of the day (8 3/8) and up a full 1/4 of a point. This should bode very well come Monday morning. $9 is on the horizon and hoping for $10.

The fact that it bounced off the 50-day moving average and received a buy recommendation from Cowen and Co. confirms that the uptrend which started on June 26th is still in place.

You all have a good weekend.

V.K
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