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

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To: Salah Mohamed who wrote (19092)12/14/1997 12:32:00 AM
From: Paul Fiondella  Read Replies (1) of 42771
 
Fudged numbers

Take a look at the other income category and the increase from the previous quarter. You'll have to look back at the chart I put up after the earnings announcement. It is enough to account for them meeting the street expectations alone.

Yes and you are quite right about the potential suicide in ORCL. For me a very short play. I think we have to be very careful in this market about buying. I only have a two point objective on ORCL however. I've done this before with Apple on the same short term basis. Keep in mind I'm trading using a real time service and following these stocks very closely intraday. Its not like buying a stock and building a portfolio. Not with Asia happening.
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