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: Steve Fancy who wrote (18814)	12/1/1997 4:10:00 PM
From: Don Earl	Read Replies (1) of 42771

Hi Steve, Yep, a big gap and no support level before about 7 3/4. It failed to break through the last resistance level on this pass even with a boat load of PR to push it. With the companies announcement of potential losses for Q1, I sincerely doubt it'll see 10 this quarter. If support fails it'll be testing crash level lows. Hard saying if it will test the 52 week low but I wouldn't bet against it. Regards, Don

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