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

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To: dwight vickers who wrote (19070)12/12/1997 5:28:00 PM
From: Joe Antol  Read Replies (3) of 42771
 
Dwight, I know. I'm watching carefully. There's been a couple of
"ouch's" in the past week or two, but overall my cost basis is good (very good).

This is what I've been waiting for (for the 1000):

<<<<<<
Dow Jones Newswires -- December 12, 1997

Compaq Holders OK Authorized-Share Boost For 2-For-1 Split

HOUSTON (Dow Jones)--Compaq Computer Corp. (CPQ) shareholders approved
an increase in authorized common shares, allowing the company to execute a 2-for-1
split appproved by the board in October.

In a press release Friday, the company said shareholders of record Dec. 31 will
receive the split Jan. 20. The stock will trade on a post-split basis Jan. 21.

Compaq stock closed yesterday at 56.
>>>>>>>>>

Well see what happens.

Also, I see Novl broke 8 today. I think it'll retest the 52wk low.

I'll buy again in the low 6's.

Regards,

Joe...
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