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: Joe Antol who wrote (19035)	12/12/1997 1:00:00 PM
From: dwight vickers	Read Replies (1) of 42771

Joe, I know you love that CPQ but yesterday it broke below a triple bottom around $58. Very negative looking chart. Today it has tested the breakdown level twice at least, and failed. The 200 day M/A is at $53, but support beneath that is all the way down at $44. Could be a sign of things going badly if it can't rally back above $58. And it's a market bellweather......... Keep your eyes open. Dwight

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