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 (3945)	9/28/1996 2:24:00 AM
From: Steve Fancy	of 42771

Hello Joe, I liked your post to Joe, and really liked the story on MSFT...heard a bit on CNBC about it earlier. This may help Novell, but may also tank the NASDAQ next week. Many tech stocks are over ripe for puts, IMO. I think Novell's stock activity today reflects a rest in the market in general, some profit taking, and a pause to re-evaluate the stock by individual investors. If the Nasdaq tanks, Novell will probably drop back towards 10, but otherwise, I would expect some volatility on the way back up. Someone, I believe Eric S., pointed this out yesterday. Hopefully this new agressive Novell management team will release sone kind of positive pre-earnings news soon...some positive news on the first week or two of IntraNetware sales/shipments starting October 7? Hopefully Novell will counter the Forrester report promptly. Look at the positive side, a 1 point increase last week, and certainly lot's of publicity due to the incredible volume. sf

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