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: Paul Fiondella who wrote (19328)	12/31/1997 1:31:00 PM
From: Joe Antol	Read Replies (2) of 42771

Paul (Rich): Mark's just funnin' (like me). I have no idea why the bounce yesterday. Paul's explanation in his post is as good as any I guess. And, I tend to agree with him as far as "major" type downside risk at these levels (and the part where he says "if you got out at the 9 or 10 level" -- I sold my remaining position the day of Q4 @ 9 3/8). Again, I don't feel comfortable anymore unless it's on the southern side of $6.50. That's not to say that these are bad levels (just that one will have to "wait", and well "hope"). He's right about ORCL too. I'm got in that one on the drop (23 1/8) with a still active GTC OTB @ 20 1/4. I think he's in too. I'm not very happy with ORCL now either. The next Q for Novell is "gotta" be the most critical now, IMHO. Happy New Year! Regards, ...Joe

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