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 (18264)	10/30/1997 8:16:00 PM
From: E_K_S	Read Replies (1) of 42771

Hi Paul - If you want to follow the GLOBEX future quotes on the S&P 500 and NASDQ, here is a link that updates every 10 minutes. cme.com It looks like at this time they are down agian: GLOBEX PRICES AS OF 10/30/97 06:50 PM TRADE DATE: 10/31/97 S&P 500 DEC97 893.20 -990 NSDQ100 DEC97 993.00A -550 (Note: Limit down for S&P would show -1500) ==================================================================== I use this as an indicator for the open for the market ...or general trend. I guess you can really micro manage these world events and a true long term investor (ie. Warren Buffet style) really would not care. I am still frustrated with our Novell management but will be buying back my long position when we reach the $6 area as I think long term Novell will eventually get it right. ====================================================================== Joe- looking for that tax loss selling in the next few weeks to pull this stock lower. I already sold most of my holdings for my tax loss in the $9 range and want to establish a new cost base around the $6 range. Alphonse - What target may I ask you see as a good cover for your short?? I know you mentioned $4 but would the $6 range be acceptable? (No need to answer as I respect your privacy but I do find your posts more accurate than false but at some point these NOVELL assets get very cheap! ) ===================================================================== Everything my opinion and should not be deemed as investment advise. Do your own homework, place your bet and play the cards that are delt in the best way possible..... EKS

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