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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Stephen McCullough who wrote (14567)	6/5/1998 9:02:00 AM
From: Larry S.	Read Replies (1) of 53068

NOVL announces 10% share repurchase. A quick look at the chart shows NOVL right on support and oversold stochastics. The company has announced good earnings the last two quarters, and is using about a third of its cash to implement the buyback (over the next 12 months). FA and TA on the stock is looking good. NOVL is still a totally unloved stock because of its dismal history. things may really have changed here. i do not presently own any NOVL, may pick up some for flip. Larrry

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