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

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To: Joe Antol who wrote (19000)12/9/1997 6:05:00 PM
From: vinod Khurana  Read Replies (1) of 42771
 
Joe, based on the after market price on ORCL stock, could be that we stay down for a couple of days or at the best have some wild swings.
I opt for the latter.

I hold 500 shares. My target is $26 - $27 1/2 over the next couple of weeks. If it falls any further, I'm going to pick up another 500 (but closer to the $20 level)....then leave it long term. Oracle has little competition other than MSFT and Sybase. I think SAP uses the Oracle database to store information so could not be a competitor as some have said it might be.

MSFT in my opinion is the largest threat.

V.K
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