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: Ghassan I. Ghandour who wrote (22298)	5/27/1998 10:23:00 AM
From: ToySoldier	Read Replies (1) of 42771

Ghassan, I agree. The stock drop in NOVL is completely related to a general correction in the markets. The tech. stocks seem to be targetted big time. I looked around this morning and every tech stock I looked at has been taking a hit. Some much worse than others. NOVL has faired quite well considering that the next big news wont be until the NetWare 5 release. I would think there will be un-expected announcements here and there. To say that ppl predicted this stock to drop because of its own merits is not a fair statement. This stock is down because of the general market, not because of its own doings. When the correction finishes, this stock will again return to the $11 range until early July. I would consider the low $10s as a good buying opportunity. Toy

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